Commodities Analysis & Opinion

Crude OilU.S. crude oil futures rose on Friday, boosted by expectations that accelerating economic growth would support demand, while Brent oil futures ended flat, narrowing the gap between the two...

Albert Einstein's popular description of insanity is the execution of "doing the same thing, over and over again, but expecting different results”, which one might suppose if done in perpetuity...

Copper has been in a bear trend for at least 18 months with no sign of a bottoming out. As long as we hold below 3040 today prices will remain under pressure to test last week's low at 3020. Today's...

Silver has fallen every week for 12 weeks, except one when we closed unchanged. Clearly a very strong bear trend therefore. No sign of a bottoming out yet so any short term recovery is a selling...

While the SPDR Gold Trust (ARCA:GLD) had the set up to break below the 2013 lows early this past week, and chose to invalidate that set up, it is starting to become more likely that the earliest we...

The essence of the Oil Head-Fake Dynamic is the inevitable drop in oil price due to global recession will trigger disruption of the global oil supply chain. I've described the dynamic of structural...

Turmoil in the Middle East, rebellion in Ukraine, an Ebola outbreak in West Africa, and massive quantitative easing. In the past, even a whiff of conflict or financial crisis would have sent gold...

Gold for Monday, September 29, 2014For more than a week now gold has thoroughly enjoyed support at $1215 after falling strongly a couple of weeks ago from $1240 to just below $1215.  The...

Weekly CFTC Net Speculator Crude Oil Report Oil Speculators overall long positions fall for 13th straight weekCrude Oil: Futures market traders and large speculators continued to edge down their...

Weekly CFTC Net Speculator Gold Report Speculator Positions fall for sixth straight weekGold: Gold market traders and large speculators decreased their overall bullish bets last week for a sixth...

It was August 9th, when we showed you the following chart of the price of gold, saying that according to our primary scenario, wave (3)/C to the downside should begin soon. As visible, we were...

It’s located just miles away from some of the richest oil and gas fields in the world.Just off this country’s southern border, a 27-billion-barrel oil field is in production. And...

This week saw Gold rally $15 to $1233 on Tuesday before sliding to $1207 yesterday morning, then rallying in the afternoon. Silver's moves tracked gold's, bottoming out at $17.30 yesterday at the...

LONG TERM TREND: BEARISHINTERMEDIATE TERM TREND: NEUTRAL/BEARISHSHORT TERM TREND: BEARISHVERY SHORT TERM TREND: NEUTRALGold fell as low as 1207 in the early hours of Thursday before rebounding,...