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Boise, Idaho (March 14, 2017) – By an overwhelming 56-13 margin, the Idaho House of Representatives today voted to end all Idaho taxation on precious metals, e.g. gold and silver coins and...
Gold is one of the most heavily traded commodities in the US, and as such is affected by many factors in addition to typical supply and demand fundamentals. Those factors include general economic...
Tuesday's oil prices were lower for the seventh consecutive session. Light sweet crude prices had fallen 10.3% over the past two weeks and with Tuesday's losses are off another 1.6% already this...
After Janet Yellen first hiked rates in late 2015, the precious metals market rallied in a big way in the first half of 2016. This is the GDX (NYSE:GDX) daily chart.In late 2016 the Fed hiked again,...
Gold downtrend is slowing down and seems to make a break on its way south. Yesterday's candle has closed above the blue trailing trend line (1) (2) giving a clear signal that a potential reversal...
NYSE and FOMC Meeting Regular ScheduleThe New York Stock Exchange will have normal trading hours and the FOMC Meeting will go on as regularly schedule despite the weather. On the grain front the NOPA...
OPEC said on Tuesday oil inventories had continued to rise despite the start of a global deal to cut supply and raised its forecast of production in 2017 from outside the group, suggesting...
Crude oil after touching the lowest level of $47.90 on March 13th , 2017 seems ready to break its first resistance level from $50.70 to $51.30 before the announce of impending crude oil inventory on...
In this report I would like to show you a chart pattern that seems to be showing up in a lot of different areas of the markets, in particular the commodities complex. We looked at some of those that...
NG still in the comfort of the ascending channel Original post
Crude could take some rest on the trendline below: Original post
Gold: the big arrow shows down, but there is some support below last week’s low Original post
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 down two cents each from last week. According to...
Natural Gas futures price seems to be taking a good support at the level, from $2.992 to $3.017, a good resistive zone during its recent uptrend started since March 7th, 2017, has turned now into a...
Last week was marked by a major downturn in WTI oil prices. After oil inventory numbers were released on Wednesday, crude oil dropped to its lowest level in 2017. Analysts had expected an increase of...