Commodities Analysis & Opinion

Gold: NeutralOriginal post

Some thoughts on precious metals as we head into Election Day in the United States.Well, the big day has finally arrived. Some would say not soon enough as the United States heads to the polls today....

Trading recommendationsBuy Stop 1290.00. Stop-Loss 1281.00. Objectives 1305.00, 1324.00, 1350.00, 1370.00Sell Stop 1274.00. Stop-Loss 1285.00. Objectives 1270.00, 1250.00, 1218.00, 1200.00Overview and...

It's time again for our weekly gasoline update based on data from the Energy Information Administration (EIA). The price of Regular is unchanged and Premium is down another penny from last week....

Earth ShakingOil prices are roaring back as earth shaking developments rock the markets. The Organization of the Petroleum Exporting Countries (OPEC) vows to follow through with a production cut,...

Our Copper MMI held steady at 61 points in October. At first glance, it might appear that there is nothing bullish about that. Markets remain in surplus due to producers’ unwillingness to cut...

Good Morning!A 5.0 magnitude earthquake rocked Cushing Oklahoma and could be felt as far away as Kansas City, Missouri and Little Rock, Arkansas. There is significant damage but no reports of injuries...

History tends to repeat itself and the more similarities to a past pattern we have, the bigger likelihood that it will continue to repeat. Silver's day-to-date price swings may seem erratic, but from...

On the gold daily chart, we see a bullish pattern; a five waves up from November 2015 low followed by a recent three wave turn down from 1375. It's a corrective move that can be finished after recent...

My theme late has been “bearish precious metals, bearish equities, bullish US dollar.” Two of those three are going well right now, and I suspect equities will shake off the Clinton...

Break of confidence. Sideways action expected.Original post

One thing you can’t accuse me of…I’m not a permabear or permabull. I’ve been oil bearish from $48 to $52 and back to $46-$45 area for the whole of October and now I see a...

Over the past few years there has been a lot of irrational fear-mongering within the gold commentariat regarding the potential for the Comex to default due to having insufficient physical gold in its...

Aluminum prices are on the rise in a major way with a stockpile in the Chinese market leading the charge, along with concern over an available supply shortage.According to a recent report from The...