Commodities Analysis & Opinion

Gold: With gold weakening further on the back of its past week losses during Monday trading session, additional decline is envisaged. On the downside, support comes in at the 1125.00 level where a...

WTI crude may be able to push a little higher at the start of the week but gains look limited. 4675/85 is key resistance. A break above 4710, however, should target 4760/70. Watch for a high for the...

Gold key to direction is now 1139. We have not yet seen a close below 1139, but if this is seen today, it turns the longer term outlook negative again and targets 1135, 1130/29 then 1123/22. This area...

In a recent article Mike Shedlock (Mish) weighs in on the question of whether or not gold is money. Near the end of the article he concludes: “The only possible debate about whether or not gold...

Gold has reached 61.8% Fibonacci of CD leg at 1137.00 where it corrected slightly in the Asian session. We see contradiction between the bearish harmonic effects and the re-test of the previous broken...

Oil moved within a narrow range since the opening of the week after touching 50% Fibonacci on Friday, but couldn’t stabilize above it with a four-hour closing. Trading above 45.00 is positive,...

A recent Financial Times article made an interesting comparison between our current fall in commodity prices and falls following previous price peaks.The FT says that after commodity prices peaked in...

One week ago, we pointed to the then pending Federal Open Market Committee policy statement as a "non-event". Essentially 'twas, despite the buzz.And yet, au contraire, we ought be shaking in our...

Headlines are shouting that the world is in the grips of a massive deflationary spiral, but you would never believe it when retail prices keep rising, especially for groceries. Yes, gasoline prices...

During our recent Q&A interview with silver analyst, Ted Butler, the issue of frantic in and out movement of physical silver within the COMEX warehouse system came up more than a few times.We...

We've known all along that gold was going to test the triangle trend line during this daily cycle correction. Yet now that it's happening, everyone seems surprised.This is what happens in order for...

A calendar of key events in the Commodities Market for the week ahead.To Read the Entire Report Please Click on the pdf File Below

A solid week for stocks as markets resting near high level resistance before a likely breakout higher.Metals were acting good and strong until the Fed released no news on their announcement and then...

N:SLV – on sell signal. Silver remains on major sell signal, however, prices are now at 200ema support and a major buy signal can materialize in the months ahead. Speculation is now at levels...