Commodities Analysis & Opinion

A close above 1,270 will challenge the prevailing yearlong downtrend in gold Original post

Inventories collapse giving a tailwind to crude oil whilst a weaker dollar lifts gold.OILBoth Brent and WTI spot staged an impressive two dollar rally in the New York session as the American Petroleum...

On Monday, our Irene Martinez Canorea wrote about copper prices, which have been on a bullish run. Today, Stuart Burns writes about investors’ copper positions. Reuters reported last week that...

As a general rule, the most successful man in life is the man who has the best informationIn mining one of the most important predictors of success is a company's ability to churn cash, in what is...

With so many rumors and complaints over the years about flash crashes, overleveraging, taking advantage of clients and overcharging, blockchain could signal the end of big banks having their way on...

Wall Street's largest firm, Goldman Sachs, is throwing in the towel on commodities, which reminds Lior Gantz, Wealth Research Group's founder, of 1998, when Merrill Lynch closed its commodities desk...

Most precious metal assets staged a solid “comeback rally” against government fiat yesterday.This is the key VanEck Vectors Gold Miners (NYSE:GDX) chart. There’s decent intermediate...

Zinc futures price seems to be facing tough resistance at the level of $2826. A short covering rally has brought the Zinc futures price in a overbought territory which seems to be ready for an...

Gold looks to have found a low in the past couple of days, which means a minimum three wave reversal higher can be in progress. An indication for a low in place is current bullish activity and a...

Hog inventory in the US exceeded the 50-year maximumThe US Department of Agriculture (USDA) noted in its quarterly report that the hog inventory in the country has reached the maximum level in more...

Last week, silver plunged over 10 percent in less than a minute. What does it mean for the precious metals market?As one can see in the chart below, the price of silver collapsed $1.3 from about $16...

Gold Today –New York closed yesterday at $1,214.10.London opened at $1,210 today. Overall the dollar was weaker against global currencies, early today. Before London’s opening: - The...

Gold rallies to the trendline resistance can be sold short with a close stop Original post

I would like to provide an update on what my expectations are with respect to gold and PMs for the remainder of 2017.First off, I now no longer feel that early May hosted the ICL for gold and PMs but...