Commodities Analysis & Opinion

Vienna readies for OPEC decision day as markets see a final shuffling of the positioning chairs before today’s fireworks.Crude oil had a very choppy session overnight as the street chased its...

Gold has posted considerable losses in the Wednesday session. In North American trade, the spot price for an ounce of gold is $1284.05, down 0.72% on the day. In the US, Preliminary GDP for the third...

Every now and then we see some kind of anomaly on the precious metals market. Sometimes it’s particularly useful and sometimes it’s just something random. Yesterday was one of those days...

On analysis of the retrieval of Natural Gas bears in the same chart on November 29th, 2017at 13:40:00 has been exactly on the path which I defined in my last analysis, I find the retreating bears have...

Good Morning!This morning we kickoff the day with 3rd Quarter GDP at 7:30 A.M., EIA Energy Stocks at 9:30 A.M. and Dairy Product Sales at 2:00 P.M. In yesterday’s action the Grains looked sick...

On analysis of the retrieval of WTI Crude Oil in the different chart patterns on November 29th,2017 at 08:00:00 , I find the WTI Crude futures price seems ready to take decisive moves, amid Crude...

Gold miners have kept in line with gold bullion and stocks so far this year. Copper, zinc and palladium have outperformed both stocks and gold. However, silver and silver stocks have lagged behind but...

Crude oil’s quiet session suggests the street is in wait and see mode for tomorrow's OPEC meeting. Oil has settled into wait and see mode overnight with both contracts finishing ever so slightly...

Imports have slowed down compared to levels earlier this year, but are still up by nearly one-fifth through the first 10 months of the year.According to an American Iron and Steel Institute (AISI)...

WTI Crude hits important longer term resistance at 5890/5900 and we topped exactly here. We wrote: A good chance this will mark a high for the 20 month recovery from $26. Only a a break above the 18...

Gold faces down a resurgent dollar overnight to remain unchanged but silver suffers as it breaks a key technical indicator. Gold Gold traded quietly yet again overnight in a seven dollar range but...

The Federal Reserve’s unwinding program started in October. What does it mean for the gold market?Last month, the U.S. central bank began reducing its massive balance sheet. Many analysts and...

No. I’m not flip-flopping!As I told subscribers to our Boom & Bust monthly newsletter in November, I stand by my forecast that gold must still lose about 65% of its current value before we...

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