Commodities Analysis & Opinion

Per our prior missive on Gold having recorded its second-narrowest trading week of 2024 (by percentage distance between high and low), now this last week’s performance perhaps is best categorized as...

Gold declined by only $3 but Silver declined 3% and the miners lost 6%-10%. There is technical damage but Gold relative to equities is approaching another critical test that could confirm a new...

Another week of bullish oil inventories cannot overshadow concerns about the global economy and the entrance into shoulder season. The Energy Information Administration reported U.S. commercial crude...

Copper is definitely the most important industrial metal out there. Freeport-McMoRan Reflects Market Trends In the entire commodity sector, only crude oil is more widely used. And given the...

By Mike Maharrey, Money Metals ExchangeGold has been on quite a bull run this year, but silver has lagged. The wide gold-silver ratio tells us that silver is historically underpriced compared to...

By Mike Maharrey, Money Metals ExchangeFor the fourth straight month, gold-backed ETFs increased their net gold holdings. Funds in every region reported net inflows of gold with Western funds leading...

Summary & Key Takeaways: US oil production is finally showing signs of peaking. Since early 2023, almost all production growth has resulted solely from productivity gains. The rig count, frac...

Copper prices have continued to fall and this decline seems to be in alignment with potentials talks of Federal Reserve interest rate cuts. When Doc Copper turns south, it’s worth taking...

Gold continues to trend sideways against the 60/40 portfolio. But that could change over the months ahead.

As I write this, gold is trading just under $2,500 an ounce after surging past the psychologically important level for the first time ever in mid-August. For seasoned gold mining investors, this...

There are many problems with the calculation methodology of the Consumer Price Index (CPI) and with the whole concept of coming up with a single number to represent the purchasing power of...

Oil got crushed as a multitude of factors hit as traders started back from the Labor Day holiday weekend. First and foremost was weak global manufacturing data starting in China and ending in the US...

Gold prices are trending down due to a lack of safe-haven bids and a strong US Dollar. Upcoming US jobs data and interest rate decisions will significantly impact gold’s future...

WTI crude oil falls below $70 a barrel. This comes amid rising fears of slowing growth in China and the US following underwhelming data. With OPEC+ planning to ease production restrictions, the...