Commodities Analysis & Opinion

Let's move right into the charts (all courtesy of www.stockcharts.com).S&P 500 and Nasdaq Outlook The tightly tracking each other indices – S&P 500 and Nasdaq 100 – are likely to...

A flash crash in the gold and oil markets retested lows as COVID travel restrictions in China, and rising cases of COVID in Thailand and the U.S. is putting a damper on oil demand expectations.A...

Friday’s nonfarm payrolls blew past expectations. The release showed that in July the US added more jobs during the previous month than it had in almost a year.Though the NFP print provided...

What a week! Gold has dropped almost $60 since Friday, and silver came along reaching new yearly lows! Are you prepared for a wild ride downwards?The USD Index While many investors forecasted a sharp...

Gold usually leads in anticipating monetary policy shifts Today's sharp move lower suggests taper is coming soon Fed official rhetoric is laying down the groundwork Gold could drop to $1500 by year...

XAG/USD fell sharply on Friday following the better-than-expected US employment data for July. Today, the metal opened with a large negative gap below 23.70, but recovered a decent portion of...

The dollar surging on expectations of a Federal Reserve taper of its long-running stimulus and COVID travel curbs out of China are resulting in a double whammy for commodities as the week begins, with...

Oil remains under pressureDespite impressive US employment data on Friday, oil prices fell as the US dollar rallied strongly. What are disturbing oil markets the most, though, is the Delta-variant...

Last week, I sent out this tweet:In case you are not acquainted with this fact, there is no religion more zealous than Gold Kooks. These people are unhinged. They might even be worse than HODLers. The...

Adoring Wednesday's ADP report of suddenly slower growth for July's jobs, Gold's price in turn zoomed up from Tuesday's 1810 low to 1835. Abhorring Friday's Bureau of Labor Statistics report of...

Gold remains in correction mode.Even if gold were consolidating bullishly (from an immediate perspective), it would need more time to build a viable handle on the 9-year long cup pattern. Long-term...

The Fed acknowledged the economy’s progress, but it’s still not “substantial progress.” In short, Fed Chair Jerome Powell merely slowed the hand of the tapering clock.Last week...

U.S. President Joe Biden’s goal to make 50% of all cars and light trucks electric by the end of the decade is going to have negative ramifications across the U.S. economy. Not only is this goal...

This chart comes from Marketsmith.com, which looks at Junior Gold Miners ETF (NYSE:GDX) (VanEck Vectors Junior Gold Miners ETF (NYSE:GDXJ)). This chart highlights that GDXJ could have be creating a...