Commodities Analysis & Opinion

Inflation surged 4.2% in April, but gold declined in response. What is happening?Unbelievable! The “non-existent” inflation keeps getting stronger. The CPI increased 0.8% in April, after...

Last Friday, the Colonial Pipeline fell victim to a major cyber attack that shut down the 5,500 mile pipeline running from Houston, Texas to New Jersey. The pipeline is the main conduit on the east...

Memo from the natural gas bear to the bull: “It’s getting hot in the US South.”Reply: “Yes, but it’s still chilly in the East, so I’ll take my chances!”The...

A couple of months ago, I wrote: “They call copper ‘doctor’ because he’s supposedly got a PhD in economics. And when it comes to inflation, it’s certainly true that he...

Gold scored some victories over the past days, but it’s playing a risky game. One misstep and the yellow metal might lose the war.Sometimes, a good strategist needs to give up a few battles to...

Natural gas futures are currently trading at a decisive juncture that could tilt the directional move to remain upward, despite the weather announcement for the normal than hot weather conditions...

The XAU/USD pair demonstrates strong volatility this week, which indicates the continuing uncertainty in the financial markets. Nevertheless, most experts are still optimistic about the prospects for...

Oil markets remain on the sidelinesOil markets maintained their wait-and-see approach to the noise and tail-chasing seen elsewhere overnight. The Colonial pipeline cyberattack saga is dragging on and...

WTI Crude oil is currently trading near $65.41 per barrel which is sharply higher from yesterday low of $63.68; prices are trading higher on dollar weakness and revised OPEC demand forecast.However...

Gold prices declined from a recent high of $1,846.15 registered on Monday after global bond yields recovered from their losses. Gold prices were seen under pressure as the US 10-year Treasury bond...

Gold jumped above $1,800, and it’s the disappointing jobs data that added fuel to the fire.The gold market is a funny place. On Thursday (May 6), I complained that the yellow metal...

A seemingly uneventful and tight range day on the S&P 500 gave way to extraordinary selling once the 4,220 intraday support broke. The bulls obviously have quite some damage to repair before...

Lumber futures took a dive yesterday, right after they hit a new all-time high. The much sought-after commodity lost almost 4% of value, ending an uninterrupted 14-day run higher.Still, the...

The hack attack on the Colonial Pipeline is entering day 5 and is already causing some spot shortages of gasoline on the East Coast as they are losing 1.25 million barrels of gasoline a day.Airports...