Commodities Analysis & Opinion

Every day, we are bombarded with interest rate conjecture. When will they raise them? How can they?The simplest answer is that they can’t. But why not? And who are they anyway?They are the...

Let me start with silver. The initial drop from 17.78-17.08 seems to count best as a 3 wave structure, which was followed by a consolidation, and then a 5 wave structure. If I was not concerned about...

INTRODUCTION "Silver Bottom And Dow Top"(Mar. 8) identified the higher low forecasted in the Mar. 1 article, "Silver, Equity And Currency Turning Points: Silver Has Seen Its Lows." These followed the...

The odds are good for at least a test of Crude Oil's 200DMA, but I think oil did form a daily cycle low last Thursday:

It is perhaps significant, that even yesterday’s tumble in the US dollar failed to provide any upward momentum for either gold or silver, with the former gaining a miserly $4 per ounce whilst...

June is typically a boring month for gold and silver price action, although the latter half of the month tends to be a bit better for gold. That’s the seasonal chart for silver, courtesy of...

CLCrude oil prices dropped on Monday as the dollar rose and on expectations that OPEC production would remain high, stoking worries of oversupply despite declining U.S. rig operations. The OPEC pumped...

Final chart of the day focuses on recent price action in the Precious Metals sector. I've been warning of a potential fall in gold, as the bear market has not yet found a final bottom. Yesterday's...

In a recent interview, Bill Murphy of the Gold Anti-Trust Action Committee (GATA) predicted that a tipping point is near that will end the Gold Cartel’s suppression of gold and silver prices,...

Corn planting in 2015 has come to an end, even despite the wet and cold weather over the past week. Corn crop conditions were reported slightly worse than last year, as weather in late May was less...

It's time again for our weekly gasoline update based on data from the Energy Information Administration (EIA). Rounded to the penny, the price of Regular rose a mere one cent while Premium remained...

Gold – Tuesday June 2nd, 2015Earlier last week, gold fell sharply back through the key $1200 level and spent the remainder of the week consolidating in a narrow range around $1190. It has began...

Rather than write about the economy, the markets or geopolitics, today let's look at something a little different. It's important every once in a while to step back and take in the big picture because...

Gold Sector UpdateOn shorter time frames, the gold sector has been viewed as being on an ‘anti-USD’ inflation bounce. This bounce scenario in gold stocks and commodities took a hit last...