Commodities Analysis & Opinion

Since opening on the first trading session of this week, natural gas futures consistently indicating strength. I find that the natural gas bulls are heading silently towards their immediate target at...

Although I admit I kind of resent how lame gold and silver have been, I know some people are still enthusiastic about miners (I’m looking at you, Rev!) I offer below five charts of mining stocks...

The latest FOMC minutes were dovish, especially in light of the recent increase in inflation. That’s good for gold.Last week, The Federal Open Market Committee (FOMC) published minutes from its...

Ah, Spring. When young man’s fancy turns to thoughts of oil demand. Despite fears of more lockdowns in Europe, there are signs that demand is rising. Iraq, for example, felt confident enough...

Oil treads waterOil prices rose slightly overnight as Middle East concerns underpinned prices. Brent crude finished just 0.20% higher at USD63.10 a barrel, while WTI crept 0.45% higher to USD59.65 a...

Copper is currently trading near $8,900 pet mt which has bounced from yesterday’s low of $8,800 per mt, however, the price is still trading very far from the recent high of $9,615.50 per mt...

No crash immediately ahead. The economy is like a giant aircraft carrier, it takes a lot of time turn around. Too much growth and too much money coming in.Twelve percent chance of a rate hike in...

After a two-month slide that drove it into the red for the year, wheat is up in a rally that could have legs as the US Department of Agriculture slashes, for the second time in three years, its annual...

Keep your eye on the ball. Just because the GDX ETF went up last week doesn’t mean that it’s in an uptrend. Corrections are part of the game.Just as the USD Index recently (last week)...

Oil prices are snapping back on news of another Houthi attack on a Saudi oil facility during a weekend where geo-political risk factors for oil are rising.Oil prices, that were floundering on the...

The issue for gold at present is that in the timeframes from the daily to the monthly there is one ever-present technical indicator that continues to signal congestion and that’s the volume...

Of all the timeframes and charts for the WTI oil futures contract, it is perhaps the monthly which is the most revealing and one I have referenced many times in my analysis of oil. The level of...

Oil markets unchanged in AsiaOil markets edged lower in New York on Friday, as the US dollar strengthened modestly. Overall, the trading was directionless as both Brent crude and WTI continued...

Gold Spot held first support at 1745/40 all morning before a break lower over lunch to strong support at 1730/25. We bottomed exactly at then held above 1745/40 for the rest of the day.XAG/USD...