Commodities Analysis & Opinion

Trading position (short-term; our opinion): No positions are justified from the risk/reward perspective.On Tuesday, crude oil gained 1.93% as a weaker greenback supported the price. As a result, light...

Good Morning!The El Nino weather that gave us dry weather when we wanted rain and wet weather when we wanted hot and dry is still holding a grip so far this early winter season and depending on what...

The traditional wisdom is that gold tends to fall when interest rates rise because higher interest rates tend to boost the US dollar (in which gold is denominated) and increase the appeal of...

OPEC said demand for its crude will slide to 2020, though less steeply than previously expected, as rival supplies continue to grow.The organization will need to pump 30.7 million barrels a day by the...

T’was the Last Energy Report before Christmas and there is a big oil glut. And no one is bullish as OPEC refuses to cut.Shale oil producers are deep in despair as the cartel crashes prices to...

Weather forecasts pushed gas prices upOn Monday, natural gas prices edged up by almost 10% in the US on the weather forecasts that the first week of 2016 may be colder than usually. Last week, gas...

Following the financial crisis of 2008/9 there was widespread fear that countries, feeling they were under siege in a post-apocalyptic world, would be fighting for market share and using protectionism...

The precious metal is trading below its downward trend line on a 4 hour time frame. This confirms that the trend is towards the downside. However, it is important to note that the price is challenging...

Oil inclined towards SMA and above 113% Fibonacci at 36.05, which is a positive catalyst along with positivity on RSI and ADX. However, prices move within bearish channel below SMA50 and we should...

Gold failed to break out of the current range in either direction despite the Fed raising interest rates for the first time in 9 years. Trading in gold could be choppy as the markets wind down towards...

The price of gold has see-sawed since the Federal Reserve raised interest rates on Dec. 16, and market experts debate if the action is good or bad for gold. Rob Chang of Cantor Fitzgerald Canada...

The price of uranium is still in the doldrums, but that will change soon—and violently, says Rob Chang of Cantor Fitzgerald Canada. In this interview with The Energy Report, he explains that...

I was just going over some old charts and came across this one which is a ratio chart that compares the HUI to gold going all the way back to the bear market low that was made back in 2000. I use to...

This week’s gold rally has taken a pause, as spot gold trades at $1073.19 per ounce in the North American session. In the US, Final GDP posted a solid gain of 2.0%. Existing Houses Sales...