Commodities Analysis & Opinion

“So near and yet so far.” So says Nick-Nack to Francisco Scaramanga, – [“The Man with the Golden Gun”, Eon/UA, ’74]. So quintessentially perfect, too, does it describe Gold’s rally this past week...

With the exception of Gold, the precious metals complex has been a tough place to trade since the last important high made in 2020. Since that 2020 high, the PM complex has been building a very...

Despite a surge in the potential impacts of a drastic arctic blast, driving the possibilities of a steep rise in heating demand for natural gas this week could have held the natural gas futures above...

Are you going to get blasted? As America gets ready to celebrate the legacy of Martin Luther King Jr. and the inauguration of President J, Trump, most of America will get blasted! Of course I mean...

Since the last US interest rate decision on December 18th, 2024, gold has experienced a remarkable recovery as anticipated. From its low point of USD 2,585, it climbed to a recent high of USD 2,697...

Copper and iron ore maintain prior gains following China “data dump” Industrial output up 6.2% YY, steel production surges 11.8% YY Property investment drops 10.6% YY, worsening slightly Home prices...

Oil prices edged lower yesterday despite mounting supply risks related to sanctions Energy – Large US Natural Gas Storage Decline Oil prices traded weaker yesterday with ICE Brent falling back below...

We’re almost at the targets – in case of multiple markets. And we got other signs, too. The trend is likely about to change. Silver is up over $1.5 since we bought it – not bad for a two-day trade,...

On Wednesday, U.S. natural gas futures remained steady around $3.95 per MMBtu, near the highest level in two years. Forecasts of colder weather in the coming week have increased demand and could lead...

WTI crude oil breaks a significant level at 78.75 to the upside. MACD rises but stochastic looks overstretched. WTI crude oil (cash) created a notable green candle in Wednesday’s session of around...

Gold’s big breakout was last year.  It exploded through resistance at $2,100/oz, out of its super-bullish cup and handle pattern, and touched $2,800/oz. The measured upside target remains $3,000/oz...

The historical relationship between US Presidential parties and gold’s performance is potentially even less clear than the association with stocks and the US dollar. Looking at the chart below, gold...

Brent has broken above US$82/bbl. Falling US crude oil stocks and uncertainty over Russian oil supply following US sanctions continue to support prices Energy – US Crude Stocks Fall Oil prices...

Bond yields and the dollar are rising and perhaps its beginning to hit the stock market. Gold is holding up well but precious metals are in correction or consolidation mode. The key threshold will be...