Commodities Analysis & Opinion

The Big OThe big OPEC meeting is about to start and already comments from OPEC leaders is impacting oil prices. Yet it might be a warning from the OECD that may actually have more influence on the oil...

Five months into 2016 and crude oil has a steak of 4 positive months in a row. So much for the $20 or $10 per barrel predictions. From a spike down under $30 per barrel in January crude oil is now...

Gold trades below 1219.00, which may assist bears to breach 1205.00-1200.00 areas to prove the bearishness along with negativity on moving averages. ADX shows increase in bears’ power and we...

Oil declines along with negative divergence on RSI14 and weakness in uptrend according to ADX reading. Trading below 48.05 is required to affirm the bearishness and we prefer to see oil trading below...

This month, the London Bullion Market Association published a new edition of its quarterly journal called “Alchemist.” What can we learn from this publication?Most of the pieces focus on...

There are seven suitors in the ring for the United Kingdom assets of Tata Steel, but is the Indian steelmaker possibly rethinking selling the unit off and planning to keeping the business?A report in...

Technical analyst Jack Chan offers an interpretation of the correction in progress in the gold sector.Gold stocks remain on short-term sell signal, and if we are in a bull market, prices should find...

I guess I might have surprised some with my comments in Current Thoughts yesterday on a bounce now in the precious metals. When I say in my comments certain things, all the other pieces have to fall...

While I believe gold has experienced a cyclic bottom, gold is pausing here. I have for several months openly expressed my opinion that the advance would be choppy at best. The gold market gained way...

Gold prices bounced off the $1,200 level today, and silver closed right at the $16.00 support. We could see a bounce higher for a few days here or there, but ultimately prices are right on track to...

When titans clash, reverberations are felt around the world. The US central bank has begun a titanic clash with the US government, and as the battle unfolds, all markets will be impacted...

Gold is Forming a Head and Shoulders at 1200 Before a Right Shoulder Attempt on its Potential Inverse H&S Gold is back at 1200 at the neckline of its potential H&S at VWAP of the big pink...

Crude oil has been trading quite nicely in the last month or so, as five waves from the end of wave 4) are nicely visible on the 4h chart. We believe that after recognizing a triangle correction in...

Grain futures are growing in price amid bad weather in the US, flood in Argentina and drought in Brazil. Corn prices reached the 10-month high. Soybeans are slightly below the 20-month high. The soy...