Commodities Analysis & Opinion

Gold prices soared to a new all-time high, with the troy ounce surpassing 2614 USD. This surge is primarily driven by expectations of additional interest rate cuts and ongoing geopolitical tensions,...

Thursday’s Prescient Commentary opened as follows: “We were wrong about the Fed, it having cut its Funds Rates -50bp rather than by our -25bp assertion; and as is our wont, when we’re flat out...

Gold charts a new record high after two-week rally Technical picture signals a temporary slowdown Gold hit a new milestone early on Monday, unlocking a fresh record high of 2,631 following two...

Gold (XAU/USD) broke above 2604 despite Wednesday's negative candle. If you jumped back into long positions, congratulations—you hit my target of 2620/22 perfectly and even reached a new all-time...

Following the surge of the previous week, Gold, Silver and gold stocks gained 1% to 1.5% on the week. Precious Metals declined after the Fed rate cut on Wednesday but closed the week strong.

Under the global fiat currency regime, there have been two secular bull markets in precious metals: 1970 to 1980 and 2001 to 2011. The gains in the 1970s were far more dramatic than in the...

Gold started the week with new highs and ended the week with a 1.3% gain, digesting a 2% dip on profit-taking following the Fed's rate decision. The loosening of monetary policy by more than...

Oil traders historically have had a bad time when they have tried to fight the Fed. The Federal Reserve’s 50 basis point rate cut along with a dot plot that says there are more to come should have...

Brent crude oil has regained its upward momentum, climbing towards 73.63 USD, following a recent decline triggered by comments from US Federal Reserve Chairman Jerome Powell. In his statement, Powell...

Gold hit my expected target of $2599/2602 this week, reaching a new all-time high right at $2599 following the 0.5% rate cut. However, prices quickly tumbled to 2546, creating a bull trap and a...

Silver is Bullish and the key resistance levels are $32 and $35. Don’t expect $50 to come into play until the second half of 2025.

Israel’s ability to detonate thousands of pagers targeting Hezbollah in Lebanon is like something out of a spy novel but also alerts us to the next level of risk potential to the global oil supply....

As the dollar weakens, gold’s rally shows no signs of slowing down. Investors are watching the Fed’s rate decision, which could be a major catalyst for higher gold prices. Gold ETFs are gaining...

The most anticipated Fed decision in years occurs on Wednesday. The only real debate is whether it will be a 25bp or 50bp cut. If it’s 50bp, does it mean that inflation is finished, or would it be an...