Commodities Analysis & Opinion

Glut Be Gone!All of a sudden, in a major about face, Goldman Sachs (NYSE:GS) is now saying that the global oil market has gone back to a supply deficit for the first time in two years. Goldman Sachs,...

Crude continues to be strong, this time driven by mayhem in Nigeria and Venezuela (which I find oddly more comforting than if it were central bankers doing the meddling).The next important level to...

Gold is trying to incline, reinforced by moving above the main support of the bullish direction and above 61.8% Fibonacci at 1.1259. Trading above this level is positive and would extend the...

Crude oil inclined, reaching its highest since November 2015, which supports the strength on ADX along with positivity on RSI, although the movements are very weak. We remain bullish as far as 45.55 -...

If the cumulative global silver deficit since 2004 of one billion ounces wasn’t large enough, a data revision published by the Silver Institute shows the actual figure was much higher. How much...

The price of gold moved down about sixteen bucks, while that of silver dropped about three dimes. In other words, the dollar gained 0.3 milligrams of gold and 0.04 grams of silver.We continue to read...

Dips offer nice buying opportunities for crude. Original post

Gold: Only a close below $1.225 would act as a warning sign to bulls. Original post

This article aims to provide price forecasts for commodity futures for May 20, 2016. The table below shows the weekly commodity futures prices in US dollars over the period from April 15, 2016 to May...

My proof reader: Harold Goodman, passed away last Saturday. Harold contacted me in November 2008 offering to correct the grammar and spelling in my articles. So each Saturday for the past seven and a...

Silver: iShares Silver (NYSE:SLV) – on sell signal. As anticipated, silver is now on a major buy signal, ending the sell signal form 2011. Speculation remains at a new all time...

The gold miners’ stocks have skyrocketed this year as investors started returning to this long-abandoned sector. Many have doubled since January, with plenty tripling or even quadrupling....

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

Weekly Large Trader COT Report: Gold Gold speculative positions dipped last week to +264,898 contracts GOLD Non-Commercial Positions: Gold speculator and large futures traders cut back on their gold...