Commodities Analysis & Opinion

Gold prices are soaring, and most of this momentum is mainly because of the weakness in the dollar index. So far, we have not had anything hawkish from the Federal Reserve, and it seems like that the...

In an atypical mid-spring breakout, US natural gas hit the $3 sweet spot six times in May.But weekly injections of gas into storage—the balance that gets stowed away after the portion burned for...

Long Term Trend—Bullish Intermediate Term Trend—Bullish Short Term Trend—Bullish Very Short Term Trend—Bullish In our last update, we noted that the 1850 level coincided with...

Exact weather is hard to predict, even with forecasts, but we can look for clouds on the horizon to prepare ahead of time.During the dry season, people near the equator feel like the sun is getting...

Oil futures are stagnating despite a very friendly American Petroleum Institute (API) supply report. The market is still concerned that Iranian oil will flood the market, even though Secretary of...

Oil prices have been hitting a ceiling at the $66 level. That's where it’s trading now, slightly below the highest levels for the commoditiy since October 2018, when prices peaked just under...

Will it go the last $100 mile? Or will there be little meaningful progress from here? Worse, could it plummet back to the low $1,800s or even lower?Gold’s potential path after its first return...

GOLD is trading higher since week of Mar. 3 Yello metal unfolds wave 3) in an impulsive structure XAUUSD looks higher towards 1950 Gold (XAU/USD) is trading higher since Mar. 3 week from 1670 area....

Pick your inflationary poison: Higher crude oil prices, or a much lower U.S. dollar. Or both? My daily chart of July NYMEX crude oil shows the remarkable, relentless upmove from the April...

S&P 500 rose once again, and the slight retreat before the close isn't an issue in light of constructive credit markets. Tech, communications, industrials, value, real estate and financials rose,...

The latest IHS Markit Flash U.S. Composite PMI signals very fast economic expansion – but also strong inflationary pressure. It's good news for gold, overall.On Friday, the recent IHS Markit...

When it comes to an Iran deal, it’s just not going to be that easy. Oil prices are being boosted by increasing demand and demand expectations and the fact that an Iran nuclear deal is...

Fed officials continue to extinguish the inflationary panic and help markets return to last year's major trends. In particular, yesterday, we saw an acceleration in high-tech stocks and a simultaneous...

Oil prices rocket higherIt seems that the speculative longs who were culled last week can’t leave the oil trade alone, with Brent crude and WTI enjoying the second day of explosive rallies....