Commodities Analysis & Opinion

At the end of last year, many analysts were predicting a recovery in oil prices. As January progressed and prices continued to fall, forecasts were revised lower. However, speculators have other...

After over three years of this corrective market action, I am sure those bullishly inclined are worn to the nub. I am sure you have completely run out of patience. I would not be surprised if you have...

After triggering a preliminary buy signal at 2.69, natural gas has climbed toward a test of its Nov.-Feb. resistance line -- now in the vicinity of 2.73, which if hurdled and sustained, will confirm...

The plunge in crude oil prices has certainly taken "center stage" as of late and a day doesn't pass that a conversation is not had about the future of oil prices and subsequently oil-related...

Gold buy-side HSR: $1033, $887. Gold sell-side HSR: $1320, $1340. HUI buy-side HSR: 155. Sell-side HSR: 250, 360. Dow buy-side: 14,200. Sell: None. Silver: buy-side: $15.20. Sell-side: $18.17,...

Throughout 2014 my commentaries warned of no bottom in commodities until near year-end. Gold got an early start in November but, looking at the S&P GS commodity index, it appears the remainder of...

The gold market has been very perplexing lately. It broke out of a 4 month wedge formation and rallied about 80 dollars before topping out just above 1300. The breakout occured not because of a weak...

Gold prices are unchanged on Tuesday, as the metal is trading at a spot price of $1239.31. In the US, today’s highlight is JOLTS Job Openings. Greece may be one of the smaller members of the...

The precious metals market isn’t really all about metals. Well, it sort of is but it is not ONLY about metals. Mining stocks are a significant part of the market and one that is very much...

The crude oil price failed to breach the top recorded at the beginning of this month at 54.20, and is showing a bearish bias testing 52.00 now. Generally, the upside move is still valid based on...

Silver prices traded in a bullish bias yesterday and during the Asian session today, but we notice that prices are also trading close to the previously broken support of the upside move around 17.27....

The metal moved slightly to the upside yesterday and is trading in a slight bullish bias. But negativity is still available and the possibility of bringing the downside move is valid today in light of...

Almost ignored by those outside of the industry, the London Metal Exchange has two contracts that are still of immense potential value to the aluminum industry, or at least they should be when you...

Last night’s oil market movements had two great technical features.Firstly, a strong double top has formed on the charts as of late when it comes to oil. Last night's strong bullish trend hit...