Commodities Analysis & Opinion

Over the last week or so we have seen the price of oil retrace, but the pullback on the daily chart has simply been a minor correction in the longer-term bullish trend, as the $85-per-barrel price...

Gold added 1.5% during October, closing the month at $1783. In the last couple of weeks, it has been frequently above its 200-day moving average.So far, it is hard to talk about a bulls’...

BP (NYSE:BP) says that global oil demand today has already exceeded 100 million barrels a day, officially putting to bed that incorrect prediction that global oil demand had peaked. That, among other...

The last time the world was in dire shortage of wheat—the commodity used for making staples from bread to pasta and cereal—prices of the grain got up to a high of less than $6 a bushel....

This article was originally published at TopDown Charts Commodities are up sharply this year, but several short-term indicators flash caution The medium-longer term bull case remains...

As a new month begins, the downtrend in the GDX (NYSE:GDX) and VanEck Junior Gold Miners ETF (NYSE:GDXJ) should resume. When will a new buying opportunity finally present itself?Let’s compare...

Natural gas futures continued to struggle for a breakout above psychological resistance at $6 during the last week after the announcement of weekly stockpiles last Thursday.On Friday, gas prices...

November is historically a lousy month for silver. The last eight years have led to the price dropping between nearly 3% and as much as 10%. Seasonality doesn’t just play a role in energy...

Let's start with Scary, (apropos of Halloween): Thursday brought us our first peek at StateSide annualized Gross Domestic Product "growth" for Q3: 2.0%. That's cute and cuddly and feels back to...

The oversold bounce in the gold stocks has run into initial resistance while Gold is trading around resistance around $1800.The question is if this rebound can extend if it will pause or, will the...

The average investor is news-driven. And, as much as the Federal Reserve (the Fed) might be criticized, this large investor group does not commonly doubt the news. In other words, it has generally...

The gold miners’ stocks are recovering after a rough summer, where they were sucked into heavy gold futures selling on Fed-tightening fears. That scuttled their normal autumn rally, leaving this...

Oil prices are overcoming the hearings on climate change and will have to deal with the reality that the COP 26 UN climate summit will unlikely yield a major deal. China and India are still refusing...

WTI crude oil traded higher yesterday, after it hit the upside support line drawn from the low of Aug. 22, slightly below the 81.22 level, marked by the lows of Oct. 20 and 21. Overall, as long as WTI...