Commodities Analysis & Opinion

Twenty-two radio interviews for the new book, 10 of them live.At this point, my voice is tired. So are gold sellers. Gold peaked at $1,934 in September of 2011 – the last major commodity to peak...

While fund manager Adrian Day believes investors should tread cautiously in the market right now, he is upbeat on some gold stocks.Given our caution on the broad stock market, resulting from...

The last two bear markets in US stocks were deflation-oriented.The next one is likely to be inflation-themed, and could feature the US dollar and gold soaring higher at the same time. Chinese...

The SPDR Gold Shares (NYSE:GLD) has increased 6.3% since December 15, 2015. The U.S. Federal Reserve hiked its interest rate the next day and made its second hike for this cycle two weeks ago. This...

Light on the horizon for Canada?Canadian entrepreneurs are feeling warmer about the business climate, saying now that they are more confident than in the fall that they will grow in their sales this...

The Jan. 4 email affirmed the view of an important crude oil topping near that Jan. 3 high/rising trendline from June (ceiling of potential rising wedge, at $55.00/25). The market has indeed rolled...

The moment of truth for crude oil's near-term direction is nigh, as the price structure has broken beneath its Nov.-Jan. up trend line, now in the vicinity of $51.50. That trend line was violated...

Whenever natural gas trades at lower levels after a big tumble, doubts start hovering all around about the reversal possibilities. Traders have lost confidence in creating a fresh buy position, even...

Crude oil prices got greased on concerns about OPEC compliance and the rebalancing of the S&P GSCI index. Record December production by Iraq raised concerns that the country would not be able to...

Gold now very overbought in a bear trend as we retest of important resistance at 1180/82. Again, shorts need stops above the December high at 1187/88. An unexpected break higher this week however is a...

WTI crude has the most important support of the day 5205/5195. A break below 5175 therefore is a sell signal and targets support at 5130/25. A bounce from here is possible as we become oversold short...

Confidence from OPEC’s November production deal buoyed oil markets through the end of 2016. Now that 2017 has arrived, the oil market is showing signs of waning optimism.In order to keep the...

The year that has just wrapped up was once again volatile for energy prices. In 2016, WTI and Brent oil prices rose 46% and 53% respectively. The increase for the two main refined products was even...

Copper prices retraced in December. After the huge price run in November we were expecting to see some profit taking as prices need to digest gains.So far, the decline has been limited, with prices...