Commodities Analysis & Opinion

GoldGold, which was looking incredibly strong all this while, got absolutely crushed post the Nonfarm Payrolls data. The chances of a rate hike are extremely high and I'm almost betting on it to...

Well Squire, going by the repeated ad nauseam "Top of the Hour" radio news post-payrolls release yesterday (Friday), 'twas nuthin' but "Jobs, Jobs, Jobs!", and apparently substantively so, the...

CFTC COT data shows speculator’s continued to reduce oil bets last week WTI Crude Oil Non-Commercial Positions: Futures market traders and large oil speculators cut back on their overall bullish...

Gold speculative positions rose last week to +294,183 contracts GOLD Non-Commercial Positions: Gold speculator and large futures traders sharply increased their gold bullish positions higher last week...

Believe you can and you're halfway there. -Theodore Roosevelt Poor Janet Yellen. The Fed head just cannot seem to get a break. Low and behold, just when you think the financial markets have pretty...

Economic CommentaryOil prices have had an eventful 2016. They started the year on a downward trend falling to a low of USD28/barrel (/b) in late January on concerns about slowing global growth and...

iShares Silver (NYSE:SLV) – on sell signal. As anticipated, silver is now on a major buy signal, ending the sell signal from 2011. Speculation remains at an all-time high. Summary Silver is on...

In my previous chart of the day I noted that gold and the metals sector in general were too stretched above the 200 DMA and would likely have to churn for awhile before the next leg up could begin....

Over the past two weeks, the precious-metals complex has retested its Brexit breakout and rebounded back to the July highs. Friday’s jobs report has pushed the complex lower but has delivered an...

Below looks at the silver's price pattern during the past 20 years. I believe that the metal is at one of its most important prices points in years, at (1). A year ago the we noted that silver was...

Those that view the message of the market on daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to...

Those that view the message of the market on daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to...

July’s nonfarm payrolls report will be the main calendar event to watch for today. A positive beat on expectations will most likely induce dollar buying putting the recent rally in USD crosses...

Gold price is challenging its recent highs at $1,367 and its yearly highs at $1,375. With the announcement of the US Non-Farm Payrolls today we expect volatility to rise and to see wide price...