Commodities Analysis & Opinion

Off to a rather quaint start for New Year, what?As 2016's first trading session got underway, one of the more revered FinMedia outlets ran with this piece: "So Long, Farewell: Markets Hope to Shake...

February gold settles 1097.9, up $37.70 for the week of January 4th through January 8thGold prices fell Friday but still finished the week with a 3.6 percentage gain, which was gold ‘s best...

N:SLV – on buy signal. Silver remains on major sell signal, however, prices are now at 200ema support and a major buy signal can materialize in the months ahead. Speculation has reached levels...

“UP” it was, but the intermediate term HUI chart is certainly not that impressive, given the pandemonium that has been taking place since the start of the New Year. The index does seem to...

As you know by now, the energy sector got hammered in 2015 (the second straight year of declines).The Energy Select Sector SPDR ETF (N:XLE), the exchange-traded fund (ETF) that tracks the S&P 500...

Pioneer Natural Resources Company (N:PXD) was dubbed “The MotherFracker” by David Einhorn last May at the Ira Sohn Value Investing Conference. Einhorn is bearish on PXD and other E&P...

Oil markets have been over-supplied since the beginning of 2014. The build-up of inventories has led to a sharp decline in oil prices from USD115 per barrel (/b) in mid-2014 to USD34 currently. But...

After U.S. silver production declined nearly 20% in September (y.o.y), this continued again in October. According to the USGS Silver Mineral Industry Survey, silver production in the U.S. fell to 84.6...

Weekly Large Trader COT Report: Gold Gold speculative positions bumped up last week to +26,560 contracts GOLD Non-Commercial Positions: Gold speculator and large futures traders raised their gold...

9.2 Million BarrelsThe latest EIA report shows the US Production rate steady and holding at the 9.2 million barrels per day. And although there have been some anecdotal reports out of Canada at the...

The markets infatuation with crude oil is fascinating. The media appear confused as to why oil is declining, like it is all so bizarre. As the world came out of a global recession, it was clear there...

It has been a strong start to 2016 in precious metals, Friday notwithstanding. Gold was able to break above daily resistance at $1080 to $1090 while miners climbed higher until Friday’s...

Gold failed to touch 50% Fibonacci after reaching the first target at 1102.00, but we see how the declines have been limited above 1080.00 and above moving averages, which make the situation unclear...

Oil's support level prevented oil from achieving additional downside actions at 32.50 where prices slightly inclined. However, we see how the uptrend is limited below 127.2% Fibonacci, which keeps the...