Commodities Analysis & Opinion

Oil remains under pressure after Saudi cutOil prices are falling again today as Saudi Arabia’s attempt to dress up a unilateral move as a group cut fails to have the desired impact. Crude is now...

There are many reasons to own lots of gold and silver (and mining stocks). De-dollarization, stagflation, empire transition, rampant debt, etc. The list is substantial. These are fundamental drivers...

Oil started the week with a 2.5% jump, picking up on news of Saudi Arabia's surprise decision to voluntarily cut production by 1M BPD. In addition, OPEC+ agreed to Russia's production cut from next...

Very little happened in the precious metals market yesterday, but something major happened in stocks. And it has important implications for PMs.In my gold price forecast yesterday, I wrote the...

The Saudis go it alone strategy to cut oil production by 1.0 million barrels of oil a day is being tested by the speculators who latched on to reports of Saudi whining about their OPEC plus partners....

The crude oil market has been unable to capitalize fully on recent news developments, with selling pressure leading to a decline in Brent crude oil prices, which have slipped to 76.50 USD per...

The movements of gold and natural gas futures appear poised to behave in opposite directions due to common factors, with the most significant one being the debt ceiling suspension. This suspension...

On the corn front, Friday’s action showed the intensity of fears with the market trading lower in the early going and a turnaround with weather forecasts suggesting minimal moisture for the...

The Saudi Energy Minister likes to be known as the Alan Greenspan of the global oil market but this weekend he came off more like the Vito Corleone of the global energy market. The Saudis made an...

For the benefit of the rolling cameras, Saudi Energy Minister Prince Abdulaziz bin Salman triumphantly declared that the rest of OPEC+ will keep to promised oil cuts till 2024 while the kingdom itself...

Point: One of the long-standing trading tenants of “The Smart Alec Dept.” is to “buy the rumour” and then “sell the news”. We thus present the quintessential...

Although gold has pulled back and its latest breakout attempt failed, it remains fairly close to the most significant breakout in 50 years and the most significant macro breakout since the S&P 500...

The oversold bounce in precious metals reversed course quickly on Friday amid the strong jobs report. Gold was hit the hardest, while Silver and the miners declined less than Gold.The question is if...

Gold’s latest pullback in May short-circuiting strong seasonals frustrated plenty of traders. It was driven by heavy gold futures selling in response to a sharp US-dollar rally, which in turn...