Commodities Analysis & Opinion

Crude oil slipped below the ascending trendline formed since January. And this is now a risk for bulls for three reasons: We have made a lower high on the daily/weekly charts in 2021.  We...

The latest FOMC minutes were dovish, especially in light of the recent increase in inflation and elevated asset valuations. What does it mean for gold?Yesterday, the FOMC published minutes from its...

The oil market was up and then down because of off-again, on-again, Iranian and Russian sanctions. Oil prices, which were partly weak due to the crypto craze, had a meltdown yesterday. Add to it COVID...

The past several months have seen the price of crude oil rise substantially. This isn’t all that surprising given that the economy is slowly recovering from last year’s COVID-19...

Despite its recent selloff, Bitcoin remains the king of cryptocurrencies.Its market recently exceeded $1 trillion. That’s a long way from its humble beginnings shortly after the 2008-2009...

Massive drop on crypto currencies Gold seems arractive as crypto seems less attractive Gold can test 1845 level before turnigh further higher For the last 24 hours everyone is watching crypto...

Oil markets, like the rest of the global economy, are continuing the drive towards a return to normal, pre-COVID activity.With the easing of coronavirus restrictions picking up pace in many regions...

Gold prices climbed to their highest level in four months as they touched $1,891.25 yesterday, supported by growing US inflationary pressure; however, recovery in the US dollar index capped the...

As the last vestiges of spring chill abandon the US Northeast, the debate turns to how quickly it will get muggy in the region, thereby requiring daily, if not regular, cooling. That has introduced a...

When the US Dollar Index declines, precious metals usually celebrate and rise as a result. However, this was not the case yesterday – and we can’t ignore it.“Reversal” is the...

We have heard a lot about Russian collusion but what about Russian confusion? Oil prices sold off hard after a Russian diplomat claimed there was a significant breakthrough in world power and...

Have you talked to a friend, relative or co-worker recently about the huge run in lumber? Have you had a discussion with these people about inflation? It would be understandable if you have! This...

Natural gas prices reversed course on Tuesday, diving 3%. This movement follows Monday’s breakout out, which saw prices rally 6%. According to the National Oceanic Atmospheric Administration,...

Something had to give—the high prices of houses or the lumber that goes into building them. For now, it appears it will be the wood, as home builders pulled back sharply on construction in...