Commodities Analysis & Opinion

Precious metals expert Michael Ballanger compares the Dec. 1, 2015 Gold COT Report with the latest one; the contrasts could not be greater. I have a question: "Does ANYONE have the foggiest...

During the day on Monday, the silver markets initially fell, but found enough support below to turn things around and form a nice-looking hammer. The hammer is situated right at the $19.50 level,...

It's time again for our weekly gasoline update based on data from the Energy Information Administration (EIA). The price of Regular and Premium five and four cents each, respectively, from last...

Looking more Las Vegas casino than Oval Office, the stage Donald Trump delivered his nomination acceptance speech from Thursday was all gold, from the stairs to the podium, completely befitting of his...

September crude oil continued to grind lower on Monday, July 25, 2016, trading down to 42.97 a level not seen since April. Continued worries about the buildup of gasoline supplies during a period...

GOLDGold is stuck in consolidation and seems to be very choppy for now. There is resistance near the 1335 area and support at the 1310 area. I will be going long/short only once it breaks those...

Last week WTI crude traded in a range of USD 43.75 to 46.05/barrel. Overall, WTI closed the week down 2.32%, Brent Oil fell 2.70% and diesel was down 1.51%. The rise in the value of the U.S. dollar...

Crude oil remained lower over the weekend as the market digested the recent stock piles data and the supply concerns over Asia and the rest of the world. The commodity mostly traded lower from the...

Oil prices continue to feel pressure from a rising U.S. dollar and rising rig counts, but the long-term outlook for the global oil market is looking ever more scary. As the oil industry continues to...

Trading position (short-term; our opinion): Short positions (with a stop-loss order at $54.21 and initial downside target at $43.37) are justified from the risk/reward perspective.On Friday, crude oil...

Below looks at a chart of silver prices over the past 8-years. After declining sharply, dilver hit its 38% Fibonacci retracement level twice at (1). After failing to break above Fibonacci retracement...

As a reminder, this Wednesday is one of the year’s eight FOMC days in which, yet again, we sit up and wonder whether (a) the Fed will inch interest rates up a miniscule amount, thanks to the...

Until this past spring, what was the worst performing commodity over the last 10 years? Crude? Platinum? Pork bellies? Not even close. Natural gas. This was supposed to be the commodity of the...

The primary view on gold has not changed. This is a daily complementary analysis for shorter-term trades.Gold is entering into a deeper correction which initially targets 23.6% retracement of the 2016...