Commodities Analysis & Opinion

Weekly Gasoline Price Update: Down Another 13 CentsIt's time again for my weekly gasoline update based on data from the Energy Information Administration (EIA). Rounded to the penny Regular dropped 13...

Gold is showing little movement, as the pair has been listless since sharp losses started off the week. In the European session, the spot price stands at $1198.03. In the US, the FOMC will release its...

Last weekend, in a special edition article I did on Elliottwavetrader.net, I addressed the inflation/deflation arguments we hear so much about regarding metals. Over the last several weeks of weakness...

Crude oil fell sharply again as the International Energy Agency (IEA) cut its forecast for global oil demand for the 5th time. The lack of demand has been attributed to weakening global conditions and...

Talking Points:US Dollar in Consolidation Mode Ahead FOMC Outcome S&P 500 Vulnerable to Deeper Losses After Support Break Gold Drop Pauses at Support , Crude Oil Drop Continues US DOLLAR...

CLCrude Oil prices edged higher on Tuesday in uneven trading even after a weak Chinese manufacturing gauge and soft U.S. housing numbers fuelled demand fears, as perceptions the commodity may be...

Crude oil is trading around Fibonacci level 161.8% at 55.60 for the upside move measured from 77.20 to 112.21, as 55.60 represent a significant support that determines the move on the long term,...

Silver update in European session Silver pushed lower yesterday failing the bullish attempt. Despite that, the downside move is still limited above the key resistance of the downside move. A break...

Talking Points Crude Oil May Remain Under Pressure If Inventories Data Feeds Supply Glut Concerns Gold Faces Substantial Event Risk On The Back Of The Upcoming December Fed Decision Quarterly...

For tomorrow, we have day 2 of the Fed’s final meeting of 2014, MBA Purchase Applications, Consumer Price Index, Current Account, EIA Petroleum Status Report, FOMC Announcement, FOMC Chair...

Gold for Wednesday, December 17, 2014 The last week has seen gold ease lower away from the resistance level at $1240 back down to find support at $1220 however in the last 48 hours it has fallen...

War And Inflation – 3 ReasonsFrom Ernest Hemingway: “The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both...

To say that events are now taking place at the speed of light is an understatement. Just last Monday I wrote The Mother of all Bank Runs, noting the German and Dutch gold repatriations, which was...

European futures are trading lower after another heartbreaking economic data released in Asia. The Chinese flash market manufacturing purchasing index slipped into a contraction territory and this is...