Commodities Analysis & Opinion

Chart 1: Gold vs Silver ratio recently went as high as 1 to 70 ouncesThe following two charts are interesting to look at and observe from time to time. They give us two simple perspectives, the first...

Another week of restrained price action for crude oil last week, with the December futures contract closing at $103.84 per barrel, up just over $1.40 per barrel from Monday’s opening price. From...

For commodity traders, perhaps the opening of the classic novel A Tale of Two Cities, best describes the price action for gold over the last two years: ‘It was the best of times, it was the...

In a previous article, "Short and Long Term Bullish News for Previous Metals," it was detailed how bullish the patterns were for gold and silver assets. The closing of the quarter has verified that...

We’ve discussed the negative correlation between precious metals and the stock market. It has now been in place for over two years. Since September 2, 2011, the HUI Gold Bugs Index is down 64%...

The federal government was shut down for the first time in 17 years after Congress failed to pass a budget for the new fiscal year starting October 1st. Around 800,000 federal employees will...

Crude: Give and take is all it’s about on the charts these days. Don’t try to over think anything because what’s been lost is quickly found. Today we’re going to again play the...

Brent crude oil fell below $108 heading into the weekend as worries about the government shutdown's effect on US oil demand weighed on prices. However, a storm in the Gulf of Mexico kept a floor...

Crude traded lower yesterday following the bearish rejection by the 104.5 resistance, which was fueled by the overall bearish sentiment which drove Stocks lower. However, despite the overall...

The recent trading in gold has been choppy with a downward bias as events in Washington regarding the US Budget and the upcoming debt ceiling deadline unsettle markets.Gold surged higher yesterday...

We’ve discussed the negative correlation between precious metals and the stock market. It has now been in place for over two years. Since September 2, 2011, the HUI Gold Bugs Index is down 64%...

Main scenarion:The pair is trading along an uptrend.The uptrend may be expected to continue while pair is trading above support level 1315 - 1307 - 1300, which will be followed by reaching resistance...