Commodities Analysis & Opinion

Over the weekend, there was a purge in Saudi Arabia. What does it imply for the gold market?It was a surprising weekend for Saudi Arabia. On Saturday, Crown Prince Mohammed bin Salman launched an...

Traders have spent about $4.5 million on call options wagering on copper climbing above $10,000 a metric ton by December 2018. That would be a rally of 46%. But to make a profit, held to completion,...

Crude oil has been strong, lately, gaining more in the past month than the S&P 500 has this year, see chart below.United States Oil Vs. S&P 500 Oil's recent rally has it testing what appears...

The synergistic relationship between gold and economic growth is quite healthy, and poised to become even more healthy in 2018 – 2019.This is the fabulous South Korean stock market ETF...

Good Morning!The USDA weekly crop progress showed Soybean harvest 91% complete and Corn harvest 70% complete. Certain farmers in varying Mid-West States in varying areas told me they were below the...

It seems the move by Saudi Arabia’s Crown Prince Mohammed bin Salman to arrest members of the royal family and their business associates in a corruption crackdown is proving to be wildly popular...

In our last article about silver, we noted the the metal was about to fall – and it did.Let's have a look at the daily chart for silver with our proprietary algorithm (egoldfx meter) attached....

Good day traders!Gold is spiking higher, away from 1275 level, where support for the corrective wave iv was found. This spike can suggest a completed black wave iv and wave five of c) to be in...

Oil prices continue to climb this week as OPEC seeks further consensus on an extension of the production cut deal. Both the Brent and WTI benchmarks reached two-year highs in futures trading even...

Oil prices were seen trading higher reaching a two-year high as political developments in Saudi Arabia saw a wave of arrests of high ranking officials. WTI Crude oil prices rose to settle at $57.35 a...

Crude oil prices climbed above 53 $ late last month, a bullish signal, also Brent traded above $62 and reaching to major resistance. Just a few of months ago, analysts and investment banks slashed...

Gold coat-tailed the commodities rally overnight to post a one percent gain and close at 1281.70, unwinding all of Friday’s losses.The mass arrests of prominent officials and business people in...

It's time again for our weekly gasoline update based on data from the Energy Information Administration (EIA). The price of Regular and Premium are up seven and six cents each, respectively, from last...

On analysis of the movement of Natural Gas futures price on November 7th, 2017 in the same Chart pattern which I noted in my last analysis I find that the Natural Gas futures price seems to be...