Commodities Analysis & Opinion

The EPA is using heavy equipment to enter the Gold King Mine, a suspended mine near Durango, Colorado. Instead of entering the mine and beginning the process of pumping and treating the contaminated...

Oil prices continue to feel the heat from a rise in US rig counts and seasonal weakness but is finding some support near the yearly lows. Oil sank after Baker Hughes (NYSE:BHI) said the US oil rig...

Silver has been down in the dumps recently as the outlook for US interest rates pointed to an imminent rate rise. The situation has evolved slightly, thanks to recent comments from an FOMC member, and...

It's time again for our weekly gasoline update based on data from the Energy Information Administration (EIA). The price of Regular and Premium dropped six and five cents respectively for the third...

A bullish divergence between the gold-mining sector of the stock market, as represented by the ARCA Gold BUGS Index (HUI) and/or the Philadelphia Gold/Silver Index (XAU), and gold bullion involves the...

I’m not going to sugarcoat it: today sucked out loud for me. I actually got stopped out of very few positions, because the “big picture” tops are still cleanly in place, but the huge...

TheThompson Reuters/Jefferies CRB Index CRB is back down to the panic lows of early 2009. For those who think the CRB Index says nothing about global growth…invest accordingly at your own...

Please Note: Future editions of our Daily Market Update will focus on breaking news and important market commentary of the day. Our Weekly Market Update, published on Fridays, will now deliver to you...

Like oil, gold is another commodity where the longer term perspective not only helps to place the current bearish picture in context, but also highlights more clearly where the metal is heading longer...

When considering the chart for crude oil, there is really only one question to answer and it is simply this – how low can it go? To answer that particular question, we need to consider the...

Gold steadied on Monday after posting its seventh weekly decline last week as the U.S. jobs report raised expectations the Fed could raise its borrowing cost next month.The yellow metal hit a high of...

Oil prices tumbled on Friday although the US dollar pared its earlier gains as the oversupply in the market continued to worsen oil outlook.The dollar gained after the US nonfarm payrolls data that...

ADX attempts to overlap positively, but this try is still in progress, while gold trades above 1086.00 with continuous failure to stabilize below it. On the other hand, SMA20 acts as a resistance,...

Crude Oil started to the week below 44.00 and this is classified as a negative catalyst and would extend the bearish wave. Moving averages continued to cover the movements from the topside, while...