Commodities Analysis & Opinion

Gold prices rallied on open today following the political fiasco in US over the weekend. However, prices were not able to hold onto the gains, suggesting that the overall bearish pressure is huge even...

Why does the Fed seem to be stuck?The Fed seems to be stuck because of housing market weakness and its associated mortgage backed securities. The repo market appears to be where the stress is most...

Silver remains stuck in a range, held by strong resistance at 22.08/12 and support at the 100 day moving average at 21.50/45. If we continue lower today we could retest recent lows at 21.26/19. This...

Spot Gold has tested trend line resistance at 1351 early this morning and failed here. Look for support at 1332 and then 1325/22 below. Any longs here need stops below 1317 for 1313 and then a retest...

In this report I would like to look at the Chartology of the precious metals complex as this is either a consolation phase or as some think a bottoming formation is building out that will lead to the...

Gold rallied briefly on September 18 when the FOMC decided not to start tapering QE. The rally fizzled quickly. I view gold as an indicator of the underlying trend in commodity prices, particularly...

By Thomas CalvertThe VC Price Indicator predicted this last pull back that we have had sense the end of August. I stated on the 23rd of August the following: “It wouldn’t surprise me to...

A corrective type of week for the markets after a good run recently is just what we needed. There are some strong stocks holding up well and even advancing here and it’s those stocks you want to...

If "they" can get you to ask the wrong questions[s], "they" do not have to worry about giving the right answer[s].The question most have been asking is, why aren't the prices of gold and silver...

Gold’s price multiplying by over fivefold since 2001 has unleashed an onslaught of exploration all over the globe. Countless mining companies, both old and new, have sought to get their piece of...

WTI Crude Oil – Support Holds, But WeakeningYesterday we wrote about the major commodity sitting on top of the key level at 102.15. That level held today creating a small bounce to 103.25, but...

Earlier this week John Murphy at stockcharts.com wrote about the gold/copper ratio as a measure of how Mr. Market is perceiving macro-economic sentiment and momentum:Gold is bought in times of...

Precious metals currently look like a no brainer investment in a world of market volatility, rehypothecation, massive bail ins and outs, and a growing number of templates for taking people’s...

Over the last two years, commodities have been correcting and while some have gone down more than others, on a equal weighted basis (CC Index shown below) commodities are still around the similar...