Commodities Analysis & Opinion

In yesterday's post I looked at Vladimir Putin's invasion of Ukraine and the ways in which it threw a spark into the powder keg of the global oil market, sending the prices of WTI and Brent barreling...

Oil has pulled back from $130 per barrel highs and wheat prices have retrenched some of their gains as the world adjusts to the war in Ukraine. It appears natural that palladium—the other...

While higher gas prices may be welcome news to the oil industry, the rest of us should be concerned as it is a glaring recession warning. Over the last 40 years, higher gas prices have been linked to...

In this video we compare the long-term resistance levels in Gold and Silver. Gold is in a cleaner position technically as it only has resistance around $2,100 and should break that in the months...

Oil plunges again as imbalance risks easeOil prices fell heavily again on Tuesday, taking total losses since the start of the week to more than 10%. Of course, that was largely a reflection of just...

COVID, Ukraine weigh on oilThe unwind of the oil trade is an easy one as a few reasons sent prices lower: China’s COVID surge has worsened as more lockdowns occur, expectations of a long...

Oil prices are getting slammed as traders are assessing a potential COVID lockdown in China and a surprise by their central bank not to cut interest rates. Also, as it appears, the Biden...

In line with predictions, gold is ceasing to benefit from war-fueled uncertainty. Meanwhile, silver faked another breakout. Could it be more bearish? Last week’s powerful, huge-volume reversal...

Gold spot: We wrote: collapsed from the all time high leaving a significant double top risk with a moderately negative candle on the weekly chart now. With a weekly close almost unchanged, a shooting...

Has gold already lost its $2,000 magic?It seems pretty early to say, though the past four sessions show a market in continuous decline. And technical indicators suggest a greater swoon could come...

Crude oil is turning sharply down from the highs, which smells like a top formation, but as long as the price is above $85, it could still be considered as a subwave four correction of extended wave...

Last week I mentioned that it might be time for the PM stocks—S&P/TSX Venture Composite (CDNX), ARCA Gold Bugs (HUI), VanEck Gold Miners ETF (NYSE:GDX), VanEck Junior Gold Miners ETF...

Friday’s session was particularly interesting when we compare what happened in gold to what happened in the USD Index. Gold invalidated its important breakout above $2,000, thus flashing a...

Gold is correcting a short-term overbought condition.Gold surged nearly $300/oz in less than six weeks and almost touched its all-time high. It was a logical point from which a correction could...