Commodities Analysis & Opinion

While I wrote an earlier piece, gold bulls were waiting for Fed’s meeting on Feb.1 amid bullish hopes for a breakout above $2,000.I indicated an advent of exhaustion during the post-fed meet as...

The news is full of articles now discussing how food (staples) producer prices are going to continue rising, how warehouse and distribution channels are pushing inflation higher, and how charges to...

Precious Metals have experienced a rough decline in recent weeks, but it could reverse this week. In recent days Gold, Silver, and the mining indices have formed bullish hammers. Silver, GDX...

In this lengthy discussion, we analyze the conflicting signals of breadth thrusts for the stock market but inverted yield curves arguing for recession later this year.Meanwhile, Vince evaluates the...

Gold’s medium-term outlook is one thing, and it is likely linked to real rates. However, is there anything bullish about gold’s short-term picture?Looking at gold from the short-term point...

Natural Gas futures tested a new low this year last Friday at $2.221 before closing the week at $2.266, indicating a gap-up opening could be the first step by the bulls on the first trading session of...

Oil slides but remains in rangeWe’re continuing to see oil prices fluctuate, although recent choppiness has occurred largely near the upper end of their range since early December. Brent and WTI...

Gold made a low for the day exactly at the only support for this week at 1830/25 - another great call in Gold! Longs worked perfectly on the bounce to minor resistance at 1838/42, reversing from...

Since losing $3 perch, the mid-$2 support for natural gas has been fleeting Bulls aimed for small advances while trying to prevent a return below $2.40. Bears are trying to get the market to $2...

Gold saw a high for the day exactly at resistance at 1859/61. Shorts worked perfectly, hitting my target of 1830/25 for an easy 30-point profit on the day. We caught the exact high & low for the...

February 24 marks the 1-year anniversary of the Russian invasion of Ukraine Russian oil exports remain nearly unchanged from a year ago Higher reliance on Saudi Arabia and Iraq from the West will...

Gold stocks and silver are sliding to new 2023 lows, and gold (after closing 2022 at $1,826.20) is catching up. Will it cancel its entire 2023 rally?In all likelihood – yes. Then it’s...

What is pulling crude oil prices down?Oil prices fell further on Wednesday after the surprise decision by the US government to release millions of additional barrels from its strategic petroleum...