Commodities Analysis & Opinion

Gold prices fell yesterday following the release of US business data that showed activity picked up last month. The Institute for Supply Management’s non-manufacturing index rose to 55.4 in...

CLCrude fell to trade near the lowest price in more than four months amid speculation crude inventories increased for a seventh week in the U.S., the world’s biggest oil consumer. WTI fell 5.8...

Soybeans January failed to beat strong resistance at 1264/65 and broke 1250 in this 2 month bear trend but held above our target of 1245/44. We are so oversold now that we could try to recover in to...

Gold tested support at 1306 which held the downside once again as expected, but a break below 1304 today keeps the market under pressure for a test of excellent support at 1295/94. Exit shorts and try...

Gasoil tested September lows, 6 month trend line and good Fibonacci support at 900/898 to exit shorts and try longs expecting a low for the day with stops below 892. This trade worked perfectly as we...

Things are looking good for Excellon Resources and Endeavor Silver Corp. The companies both recently reported positive Q3 results.According to Kitco, “Excellon Resources Inc. reported a...

Last week’s announcement by Barrick Gold to halt their ”Pascua-Lama project on the border of Chile and Argentina has highlighted startling divergences between the two South American...

At the moment gold is at a critical crossroads. If it can move above $1375 it will confirm that an intermediate degree bottom occurred last month at $1251, and start a pattern of higher highs. If...

Gold bulls are frustrated with the metals’ lack of follow-through, while gold bears are no longer experiencing the declines seen this past spring. Markets expectations of a tapering in asset...

While investors have been focusing on the strengthening U.S. market, we’ve also kept our eyes on other improving indicators happening in resources, Europe, and emerging markets. These places may...

Consumer confidence fell off a cliff in the month of October, dropping nine points from 80.2 to 71.2 as a result of the federal government shutdown as well as the imposition of yet another short-term...

Commodities in general continue to find little to cheer about at the moment and this is reflected in our momentum indicator with just three out of 16 commodities holding onto positive momentum....

This morning the gold price has climbed, snapping a 5-day losing streak, as speculators worry over US economic growth and non-farm data on Friday. Should both figures disappoint then it may result in...