Commodities Analysis & Opinion

Last week we highlighted our gold stocks bull analog chart which showed the gold stocks correcting at least 20% at this point during both the 2008-2009 and 2000-2001 recoveries. We concluded that gold...

The larger the consolidation the bigger the bull move will be once a breakout occurs. Considering gold’s 29 year consolidation phase I don’t think it’s unreasonable to expect gold to...

The dust is finally settling from the extended moves higher in gold, silver, and miners. We are taking this opportunity to reassess overall market conditions as intermediate cycle tops were confirmed...

The article aims to provide price forecasts for commodity futures for June 3, 2016. The table below shows the weekly commodity futures prices in US dollars over the period from April 29, 2016 to May...

As oft occurs in the South of France, gold has taken on a bit of springtime French fever, i.e., 'tis gone on strike. This time of year up and down the Riviera, from the tennis matches in Monte-Carlo...

It’s unclear what China was thinking when it was borrowed all those trillions to quadruple its capacity to make steel, cement and other basic industrial products. There’s no record of it...

August Gold settles 1216.7 down $35.90 for the week of May 27, 2016Gold extended its losing streak another week to four weeks in a row and eight trading sessions currently. The routs from recent highs...

The smaller gold-mining and exploration stocks have enjoyed an amazing year, soaring with gold’s new bull market. Many have more than doubled since mid-January, and some have more than tripled...

Weekly Large Trader COT Report: WTI Crude Oil CFTC COT data shows speculator’s oil bets were lower last week WTI Crude Oil Non-Commercial Positions: Futures market traders and large oil...

Weekly Large Trader COT Report: Gold Gold speculative positions fell last week to +206,632 contracts GOLD Non-Commercial Positions: Gold speculator and large futures traders sharply decreased their...

The U.S. International Trade Commission has officially started an inquiry into the hacking and theft of trade secrets from United States Steel Corporation (NYSE:X), allegedly by Chinese hackers....

I took a screenshot of the chart below a couple of hours ago, but precious metals (and their miners) are even weaker now. I think the junior miners could easily slip down to the green tinted...

Gold could not stand the pressure and is now back below its long-term downtrend lineOriginal post

There is no sense in chasing the miners (via HUI) at this point as the intermediate cycle has already topped and the cycle low is not due until late June or early July. I said one doesn’t need...