Commodities Analysis & Opinion

While going through the comments of the readers in my last analysis, I found an amazingly curious inclination of one of my good evaluators to know my views on a pattern formation, what he finds as a...

Mark Hulbert recently highlighted an equity buy signal from an obscure indicator — the gold/platinum ratio. The signal is based on a research paper by Darien Huang, an academic at Cornell. The...

The WTI Oil has managed to extend the latest gains and looks determined to hit fresh new highs in the upcoming period. Has jumped much above the $51.50 per barrel, signalling that the bulls are in...

The biggest crude oil draw of the year and drops in gas and distillate supply is signaling that the global oil market is already in balance. The American Petroleum Institute (API) reported that crude...

I came this close – – THIS close – – to doing a post yesterday in which I offered up again the basis behind being short the gold miners, but my discomfort with seeming...

Today we have the ISM Non-Manufacturing index at 9:00 A.M., EIA Energy Stocks at 9:30 A.M. Fed minutes from the March meeting and Dairy Products and Dairy Product Sales at 2:00 P.M.Last night’s...

Oil advances higher ahead of the Crude Oil Inventories data. Market is expecting a decline here. Mid-term sell signal on Oil is denied and the price came back above a crucial long-term support on the...

A study this week by the Wall Street Journal found that the largest publicly traded oil-producing firms “fell short of cash flow for the year.” According to the study, Exxon Mobil...

Inflation? What inflation? Anyway, the market right now is as boring as Janet Yellen’s wedding night, so I’ll see you tomorrow.

We asked the question right at the end of March, whether we should short gold. A question that thanks to a retest of resistance is back being asked today.Price was testing the resistance level shown...

Gold traded modestly higher finishing up $4.40 for Tuesday’s session settling at 1258.4. This was a few dollars below a key target area for technicians; the 200 day moving average at 1261.6. The...

Over the last week, I have been noting that the silver chart has been the most instructive as to how the complex is running right now. While we certainly broke out over the initial 18 level resistance...

Key Points: Libyan “Force Majeure” event ceases. Russia meets around 66% of their pledged production cuts. Medium term outlook on oil remains unchanged with Q2 estimate of...

Natural Gas futures price seems to be moving on a well defined path within an expected zone in a Daily Chart as I predicted in my last two analyses in which I have described two important zones....