Commodities Analysis & Opinion

Gold prices fell after their impressive gains in the aftermath of the SVB’s collapse. But as I explain in this video, more gains seem likely as prices test some key support levels.

GoldWe see an additional correction for gold as the dollar index gains pace, and traders expect that the Fed's attitude will remain intact despite the impact of the SVB. As previously said, the US...

Folks are calling the FED opening swap lines on the entire US Banking deposit base to the tune of $17.6 trillion as QE infinity.Moody’s cut its outlook on the banking system to negative, saying...

The oil market is acting like a recession is inevitable or at the very least, we are seeing serious deleveraging of oil contracts. With more reports that signal more robust demand in China and with...

Crude oil prices could stage the second consecutive bearish weekly close after the historic collapse of the Silicon Valley Bank continues to weigh on markets and sparked concerns over broader...

Gold prices have stabilized around 1877 USD per troy ounce. The precious metal experienced a lot of turbulence last week, dropping almost to a critical level within the current trend and then...

Wild fluctuations in oilOil prices are continuing to whipsaw while remaining within the broad ranges they’ve traded within since early December. Yesterday we saw Brent and WTI testing the lower...

Wall St. argues Fed rate hikes must stop to contain more SVB-like banking crises Fed likely to maintain course for a terminal rate of 5.75% vs. a peak of 4.75% now Gold longs could be focused on...

The 3 things to watch this week are Gold’s weekly/monthly resistance at $1950 and Gold’s potential breakouts against the stock market and foreign currencies.Gold against the stock market...

Given the recent liquidity crisis in the banking sector, the CPI number could be an important driver in the Federal Reserve’s next move on March 22.As per our annual outlook, “The Federal...

Since I wrote my last piece, traders have been wary of a bumpy move after witnessing a constant selling spree in the last week.Natural gas futures have remained quite volatile after opening for the...

The movements in gold futures since the gap-up start of this week indicate that this rally is likely to continue. Investors' belief that the banking sector's turmoil may cause the Fed to reconsider...

Nearly 12 years ago on 9/1/2011, I pointed to “the power of the pattern” and suggested that "gold should be flat to down for years to come."And, if you look at the chart below, you can see...