Commodities Analysis & Opinion

Gold: The areas of 1219.00 is still providing the market with a good support after failing to stabilize above them in Asian session, while trading below 1230.00-1235.00 is negative. A break below...

Oil declined after achieving corrective actions around 50.00 psychological, while RSI started to show negative divergence. We need more confirmation for the bearishness with a stable move below...

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...

Gold has been having a steep decline for a number of days now and as the metal breaks support after support, it brings into question just where the new low will be. However, evidence seems to be...

Last week, Goldman Sachs (NYSE:GS) officially switched its opinion of the oil market, shedding its largely bearish view and becoming bullish. The influential bank highlighted unexpected supply...

Nickel prices are, finally, on the move.Owners of shares in nickel mines shouldn’t start popping the champagne corks just yet. It’s going to be a slow burn rise, but the landscape appears...

Crude oil prices ended a four-session decline overnight, and was lingering close to seven-month highs on Wednesday morning after a constructive report on supply increased sentiment.On Thursday, crude...

If you switched on the TV or flicked to a news website (nobody reads a physical newspaper anymore, right?) this morning then you would have seen a mention of the oil price hitting $50 per barrel.On...

Many investors view gold as if it were money. Economists identify three functions of money: store of value, means of exchange and a unit of account.It can be a store of value, but the price fluctuates...

Today, Stephan Bogner from Rockstone Research published an update on Equitas Resources Corp. (V:EQT) as the company announced earlier today that 2 rigs started drilling 20 holes over 1,600 m (80 m...

Markets often have an obsession with big round numbers (20,000 on the Dow, 2000 on the S&P 500, 5000 on the NASDAQ and, as of Thursday, $50 for crude oil).Having risen nearly 70% in the past few...

Despite appearances that the entire commodities sector is continuing on a major downslide, one resource remains steadfast – sugar.Sugar has been one of the best-performing commodities so far...

Remember when we had supply concerns in oil? Well it looks like those days are back. Despite high global supplies, demand may now be at the point where it is actually exceeding daily global oil...

The markets are tracking the same pattern that played out in 2015.Most market action (more than 80%) today is driven by computer algorithms. These programs look for an asset class that is moving, and...