Commodities Analysis & Opinion

Crude oil prices gushed higher at the start of 2016, rising from a low near $25 to over $50 per barrel in just 3 months. Following that May top, the price fell back and then readdressed the $52 area....

OPEC Reached A New Record High For Its Members’ Compliance Rate For The Months January And February, Surprising Markets As A Result. Meanwhile, Saudi Arabia Expressed Wish To See Oil Prices...

Gold failure to beat 1255/60 as expected, targets first support at 1246/44 (which is holding as I write over night). The daily chart does look negative however so longs here would be too high risk. A...

WTI crude broke the strongest support of the day at 5385/75 to bottom 6 ticks above 2 week lows at 5312. Below 5300 today risks a slide to strong support at the January lows of 5255/45. Just be aware...

On Sunday night, the Academy of Motion Picture Arts and Sciences made a blunder of spectacular proportions. Just past midnight (EST), as every viewer sat waiting for the final, perhaps most high...

Gold made a stronger pullback yesterday and all the short-term bears rejoiced, but I believe their enthusiasm will not last.Gold is making bigger upward moves than the pullbacks and trend remains...

Last week, gold in USD finally broke by the top the triangle formation in which it was stuck for weeks confirming another test of the upward momentum that started on January 31st, 2017 and detected by...

Thanks to increased regulations during the Obama administration, many industries took a severe beating.The financial sector felt the pinch of the post-recession Dodd-Frank act. Obamacare strangled...

According to newly uncovered information in the gold market, it provides additional evidence of why the Fed, Central Banks and the IMF were forced to RIG the gold market. Actually, looking at this new...

Bob Moriarty of 321 Gold dissects Millennium Minerals' latest moves in Australia.I wrote a piece about Novo Resources recently and mentioned Millennium Minerals Ltd. (Millennium (AX:MOY), an...

As the GLD (NYSE:GLD) and silver continued in their paths higher this week, there is no suggestion from price action that they have met the top to this current rally. However, the lagging in the miner...

Yesterday was just another period of back-and-forth movement for gold, silver, the USD Index and even the general stock market – but not for precious metals mining stocks. Gold stocks and silver...

In the fourth quarter of 2016, Soros Fund Management got out of gold, while Paulson & Co. reduced its stake in the SPDR Gold Shares (NYSE:GLD). What does it mean for the gold market?According to...

Sweet $60.00Saudi Arabia has found its sweet spot for oil and that number is $60.00 a barrel per Reuters. That is a number the Saudis believe will allow them to prosper and not be high enough to make...