Commodities Analysis & Opinion

While some in the marketplace are concerned about weak demand, a move by Saudi Arabia to raise their price for oil seems to suggest that they’re not that concerned. Consider the fact that the...

Gold and silver rebound as weak US data sparks hope for Fed rate cuts in 2024. Inflation remains a concern, but a potential economic slowdown could push the Fed to ease policy faster. Gold's long-term...

Not to overly dwell — let alone predict — by subject title, however, if we search our recollect (thank you Ken Starr), was it not by this time a year ago that we’d witnessed a few...

Crude Oil did not manage to challenge the previous highs even given a geopolitically severe situation. The $10/bbl correction from the April highs cannot go unnoticed and the bulls need to prove...

Gold, Silver and the miners declined this week but all remained above key support levels. Silver retested support at $26.30 and formed a bullish hammer today. Gold & gold stocks could decline more...

After blasting higher in a remarkable breakout surge, gold is pulling back. Such mid-upleg selloffs are normal and healthy, rebalancing sentiment to maximize uplegs’ longevity. Gold’s...

Are there signs of a recovery in gas prices?Natural Gas Futures - Jun 2024 U.S. reached a one-week high at $2.06/MMBtu in anticipation of increased demand. This is due to an increase in the amount of...

A big story last week was that AI is fueled by natural gas, which should increase demand.That story did little for the futures price. Then this week other stories came out that: Prices were supported...

Global Data: Aramco is leading oil companies in AI investment. Saudi Aramco spent $3.5 billion on research and development last year. As for AI itself, the technology was deployed in areas such as oil...

Commodity volatility went crazy as the Federal Reserve signaled, “the lack of further progress on there are inflation target in recent months” shook up a whole host of commodities. We...

This year’s uptrend line in Crude Oil is about to be tested. Differences between the various medium-term charts may show up because of the methodology used for drawing (nearest futures etc.)...

Brent crude oil prices have dropped to $83.95 per barrel on Thursday, marking the lowest level in seven weeks. This decline follows recent US statistics indicating a significant increase in crude oil...

Gold against the 60/40 portfolio is the most important Gold chart for 2024. I expect this chart to give a secular bull confirmation signal over the coming months. It’s end of April reversal...

Oil prices tried to stay strong in the face of the market doing a Federal Reserve freak out. Rumors that the Fed today is going to be extremely hawkish, even reports of potentially talking about...