Commodities Analysis & Opinion

The greater-than-expected build in weekly crude-oil inventories put the kibash on the rally from $42.58 to $48.36,sending crude oil reeling toward a test of key, near-term support at $45.90 to $45.15,...

Crude oil is a very big deal to me and its surging strength lately has been just one of many dismal things on my mind. In spite of this, I went out on a limb yesterday with saying that energy stocks...

Oil prices rise as geopolitical risks and weather risks come back into play. This comes as the man that wrote the history of oil, Daniel Yergin, says that oil is near a historical bottom and the Obama...

The most likely timing band for gold's daily cycle to bottom is on the employment report which is released on Friday morning. There should be a short-term tradable rally even if it's only for a 4-8...

Oil is consolidating in a very large pennant shape that is getting close to the critical point. Resistance has been found along the top of the shape and a short-term bearish leg is likely. In the...

Gold has touched 1114.00, where it rebounded in the Asian session and traded below the support of the triangle. In the interim, 78.6% at 1123.00 holds as a stance; therefore, we remain bearish due to...

Gold has extended its leg down to 1136 about we warned you last week. We have seen a spike to 161.8% level which can now also be wave 3 of a new bearish impulsive decline. If that is the case then...

Crude oil is trading higher, now out of a triangle that was placed in wave b). So if our view is correct then current leg up is wave c), a final wave of a corrective rally from 42.60. Keep in mind...

Oil absolute bearish. Simple works. Good to short. It has at least one more leg to go.

We are all aware that crude oil has been hit hard over the past year. I suspect that many are enjoying part of the decline, as it has driven gas prices to levels that are nice to see at the pump. Now...

A - 1913: Gold was money in the United States. Double eagles ($20.00), Eagles ($10.00), and Half-Eagles ($5.00) circulated freely. Silver dollars and smaller coins were common and used for commerce....

Good Morning!The current El Niño weather pattern has more crops being harvested than previously imagined. Again yields will come into play but if the crop is healthy and prices this cheap will...

Gold is getting very deep in its daily cycle. One requirement to confirm a daily cycle low is a break of the cycle downtrend line. Completing that confirmation would put gold right back near the...

In what may be a wise move, TransCanada Corporation (TO:TRP) called a timeout with the State Department to pause its review of the Keystone Pipeline. The reason, TransCanada says, is because they are...