Commodities Analysis & Opinion

Gold is back at $1,700 for the first time since Sept. 14, after a near 2% gain over five days Monday’s rally in gold fired by poor US factory activity Gold bulls hope US data gets worse,...

I think natural gas is going to be “the new IYR” for me, as the one that got away. This long-term cycle was absolutely glorious, and even with energy ripping higher yesterday, natural gas...

In August, demand for bullion had slacked a bit from the frenetic pace set over the past two years. But buyers returned with a vengeance during September, and inventories of the most popular products...

Gold and silver continue in the cyclical bear pattern that started in mid-2020. I had originally (and incorrectly) projected a cup-and-handle for gold that had to be revised to a double top when the...

Oil prices are soaring after Friday’s dismal performance after it became apparent that OPEC plus Russia it’s getting ready to make its move. It really shouldn’t be a surprise to...

The momentary role swap of the US dollar index and gold could raise some hopes for the bullish prospects of the yellow metal. Would they be justified?The precious metals sector moved higher last week,...

Crude starts Q4 up 3% on bets of a major OPEC+ cut Cut would follow September’s nominal 100,000 bpd reduction Waving a red flag to oil bulls, the US dollar goes into rally mode Oil bulls are...

Last week the S&P 500 broke what I consider the most critical moving average, which is often a signal for secular trends. Although the S&P broke that average and fell to a new low, Gold...

Oil’s late decline is sentiment-driven, not related to economic fundamentals Supply is already at maximum capacity, with no short-term or long-term growth prospects Any pick-up in demand will...

With Q3 officially in the books, and as mused these last two weeks, we've now beached our gold forecast high for this year of 2254, just as we did a year ago at this time for the even higher level of...

In this article, I will briefly examine gold’s technicals, fundamentals, and sentiment to hazard a guess at when and where the major turn will be.It is vital to consider all three tools to build...

It has been an interesting year, with stocks down nearly 25% and the iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) down over 40% since the 2020 highs. The passive buy-and-hold investor is...

To say that gold has been struggling this year is an understatement. As the chart below shows, the price of the yellow metal declined from above $2,000 to below $1,700 (as of September 20). That slide...

Oil prices are still trying to bottom but are set for their first quarterly loss since 2020. The focus in the oil market is not about current supply and demand any more but the potential risk to...