Commodities Analysis & Opinion

As the US Dollar Index is testing its lows and preparing for a major rally, gold is making new highs. But it’s likely about to end. This has been one of the “the market can stay irrational longer...

Oil is pulling back as a warning from the Organization for Economic Co-operation and Development (OECD) that global governments had better cut spending and raise taxes to regain what they call...

Gold (XAU/USD) rose towards a record high on Tuesday as the US CB Consumer Confidence figures were lower than expected. Weaker US macroeconomic data put significant downward pressure on the US dollar...

Gold prices advance, underpinned by ETF Flows, China stimulus and safe haven flows, Gold ETF flows have been positive, and if this trend continues, it could further support the upward momentum of...

Gold Gold (XAU/USD) soared from first support at 2619/17 then shot higher to all my targets of 2633/35, 2642/44, 2648/50, and 2655 exactly as predicted. We reached a new all-time high of 2670 and of...

Some Asian money managers are raising their recommended allocation to gold from 15%-20% to 25%. That’s good news, a look at some more important Asian gold-related news. Reserve ratio cuts are a form...

Anybody paying any attention at all knows that gold is setting records. But just how good is gold doing in 2024?It is outperforming stocks.And pretty much everything else.Gold closed at yet another...

Oil prices are popping on reports of the biggest real estate stimulus package in China since the COVID shutdown. China is cutting the amount of cash banks need to have on hand, known as the reserve...

Global markets are reacting to a combination of economic shifts and geopolitical tensions, as gold prices reach unprecedented highs and the U.S. bolsters its military presence in the Middle...

Here comes that rainy day feeling again. It always seems to be a Monday. It seems the US oil and gas industry just got back to normal after Hurricane Francine only to get back into storm preparation...

Everyone’s favorite precious metal is red hot this year, rising nearly 27% through Friday’s close (Sep. 23). Gold’s rally beats the strong runup in US stocks as well as rallies in the major asset...

Gold has reached a new record high, indicating strong bullish momentum. The yellow metal could be prone to profit-taking at current levels. Below, we'll discuss key buy zones to watch in such a...

Gold prices soared to a new all-time high, with the troy ounce surpassing 2614 USD. This surge is primarily driven by expectations of additional interest rate cuts and ongoing geopolitical tensions,...

Thursday’s Prescient Commentary opened as follows: “We were wrong about the Fed, it having cut its Funds Rates -50bp rather than by our -25bp assertion; and as is our wont, when we’re flat out...