Commodities Analysis & Opinion

Spot gold reached just $15 from losing critical $1,800 support  Dollar stays parabolic, with 11-month high vs gold’s 7-month low  Dollar Index might be eyeing 109, after piercing...

New yearly low in the GDXJ, plunging silver prices, and louder questions about the upcoming bottom. Let’s start.Yesterday’s session was the first one that we saw this year when the GDXJ...

The Chinese yuan has lost nearly 6% of its value against the US Dollar this year, while Shanghai-listed stocks are off about 8% from their 2023 high, set back in May. There’s an ongoing property...

Oil is back on the rise as a government shutdown was averted and the focus flips back to global undersupply. Oil had a sharp Friday sell-off on reports that a government shutdown would not pass the...

Gold lost almost 4% last week, the biggest drop in over two years. The price of a troy ounce fell below $1835, its lowest level since March. Gold's sell-off last week looked like a capitulation of the...

Oil starts Q4 on a mildly positive note, rising in Asia's morning session by roughly 1% Still, continuation of oil's bull run may be in jeopardy as Saudi Arabia and Russia face domestic demand...

Using three vantage points, the US dollar, the Gold/Silver ratio and the 10yr-2yr Yield Curve, broad markets are indicated to be at an important decision point.There sure are a lot more indicators we...

Mamma put these drills in the ground. Mama put these drills in the ground, can’t go offshore anymore, it’s getting too dark to see. I think we’re knocking on heaven’s...

Mamma put these drills in the groundMama put these drills in the ground, can’t go offshore anymore, it’s getting too dark to see. I think we’re knocking on heaven’s door. Biden...

We may be toiling in the post-truth age, but I stubbornly remain stuck in old-school habits and favor hard data over the rising preference in some circles for creatively reframing facts.Case in point:...

The oil rally is not a repeat of last year $100 a major psychological level Divergences appearing Oil prices are increasingly hitting the headlines, with Brent crude coming within five dollars of...

The global oil market became addicted to SPR oil and now it is addicted to Cushing, Oklahoma. The slapback from the SPR release is creating a squeeze on the US oil supply that is causing a front-month...

The price of a troy ounce of gold fell 1.4% on Wednesday to $1875, its most significant drop since early June, building this week’s loss to 2.7%. Gold has not been so cheap in Dollars since the...

WTI futures climb to their highest level since August 2022Advance shows no signs of easing so far, bulls eye crucial 100 psychological markBut RSI, stochastics and Bollinger bands point at overbought...