Commodities Analysis & Opinion

Having hit a target silver has formed what is believed to be an intermediate top over the past 5 weeks or so, which it should soon start to descend from.On its 3-month chart we can see this presumed...

Because it is now “politically incorrect” to be bearish on gold, it makes it more likely that a sizeable correction will occur soon, and there are a number of technical indicators at...

Another solid week for stocks and the positions we bought off the Brexit vote.Summer continues to be great in general after buying right and sitting tight, in terms of stocks. The weather, music,...

Gold has multiple resistance zones at the 1380-1400 level. It’s going to take some work to break through these.Gold will need some help from the dollar, which it will eventually get as the...

This article aims to provide price forecasts for commodity futures for August 12, 2016. The tables below show the weekly commodity futures prices in US dollars over the period from July 08, 2016 to...

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...

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...

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...

The gold miners’ stocks have already enjoyed a phenomenal year, blasting higher with gold’s new bull market. This sector’s market-dominating performance has been amazing. Yet...

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....

Metals and miners could be setting up an alternate scenario for the coming weeks. The way prices closed Friday concerns me. I've been looking at different possibilities and one scenario stands out.I...

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...