Commodities Analysis & Opinion

There may be no better time to take stock of Gold and Silver technicals after a weekly, monthly, and quarterly close on the same day.Precious Metals have been correcting for nearly two months and have...

The U.S. markets were closed for Independence Day, but we just saw some fireworks in junior mining stocks. Will they rally independently from gold? Every now and then, miners really do manage to move...

Oil quickly loses momentum despite output curbsOil prices are rising again today after giving back all of Monday’s early gains and more as the session progressed. Buoyed by the news of Saudi...

Oil has risen since last Thursday and regained momentum on Monday on news of new production cuts from Russia and Saudi Arabia.Russia announced on Monday that it would cut oil exports by an additional...

In terms of technical analysis, Gold Bears are throwing shit against the wall to see if it sticks. First, Gold made a triple top. Now it could be forming a head and shoulders reversal pattern.In this...

Saudi Arabia commits to extending voluntary cut of 1 million bpd Russia to reduce oil exports by 500K bpd US Manufacturing Activity drops the most in 3 years OilThe bottom is in place for oil after...

Gold prices edged higher to start July, with the US dollar suffering on the back of disappointing manufacturing sector data. At the time of writing, the spot price, XAU/USD, is trading at the...

“Happy Mid-Year!” indeed, with Gold up a gear — specifically +5.3% year-to-date — in having settled out this past week yesterday (Friday) at 1928. That stated, you regular...

The goldilocks market could morph into a bout of inflation before a downturn and liquidation, says Gary Tanashian.

By Mike Gleason, Money Metals Exchange Precious metals markets continue to probe for support levels as the summer doldrums set in. Gold futures tested the $1,900 level on Thursday before getting a bit...

As the white metal hangs on for dear life, the fundamentals continue to grow more ominous.Unveiling the RealityAlthough fears of a banking crisis helped propel silver north of $26, we warned the...

The first half of the oil story shows disappointed oil bulls with concerns about rising interest rates, Federal Reserve officials promising a slowdown in the economy, bank failures, perceived weakness...

On June 12th, Goldman Sachs came out stating how bearish they are on oil. I wrote a Daily about it on June 20th: Bearish at the Bottom-Institutions Wrong on Oil Not uncommon for me to stick my neck...

Oil edged higher yesterday following some good US macro data. However, this data also increases the likelihood of further rate hikes. And the expectation of further hikes will ultimately provide...