Commodities Analysis & Opinion

Gold Rallies Towards 1280-1290, But Could Face Resistance Original post

On the daily chart of gold, we are observing a nice three wave correction taking place with sub-wave C in final stages as part of a higher degree correction of wave B) or II). If that is the case,...

Had a lot of distractions recording this video, but some interesting analysis in between regarding some thoughts on the Gold Market. We discuss the Dollar, Bonds, Oil and the Carry Trade as well in...

During the day on Sunday, the Iraqi oil minister, Jabar al-Luabi suggested that the oil and natural gas producers in the country need to increase output next year. This of course flies in the face of...

On 18 September we said, “the market is in the grips of a mini silver mania (we would not dare say bubble, at least not without trigger warnings).” Since then, we have warned every week...

What do you do when everyone is bugging you to do something, but you don't want to do it? The simple answer is that you make it look like you are doing something in order to get others off your...

Technically speaking, precious metals and miners have dropped far enough to form an intermediate cycle low. Several indicators are deeply oversold, and sentiment is turning bearish. These factors...

Gold speculative positions fell by -46,396 contracts last week GOLD Non-Commercial Positions: Gold speculator and large futures traders sharply cut into their gold bullish positions last week and...

Economic CommentarySeptember brought bad news and good news for oil prices. The bad news was the International Energy Agency’s (IEA) warning that weakening oil market fundamentals could delay...

GLD (NYSE:GLD) – on sell signal. iShares Silver (NYSE:SLV) – on sell signal. GDX (NYSE:GDX) – on sell signal. iShares S&P/TSX Global Gold (TO:XGD) – on sell...

Oil's bounce from the USD39.19 low of August is extending, with prices now pressuring congestion around USD50.00 in steady buying interest. A tick higher in monthly studies, coupled with steady...

Gold, silver, and their miners’ stocks plummeted out of the blue this week, shattering their bull-market uptrends. Gold-futures speculators had been holding excessive long positions for months,...

Friday saw stocks weak, but not breaking down. With the next presidential debate slated for Sunday, we may well see a repeat of nice strength to follow it, as we saw after the first debate.As for the...

I’m intrigued by the crude oil chart since I have a number of energy short positions. I noticed that crude has been in a relatively reliable trending market. It actually can sustain an up- or...