Commodities Analysis & Opinion

Brent crude oil is holding steady at 81.50 USD per barrel on Tuesday, following a significant surge of over 2.5% the previous day. The price increase was driven by optimistic market expectations about...

Oil prices rebounded on Monday, with WTI and Brent crude futures posting gains amid rising summer fuel demand and shifting market sentiments. Oil prices rebounded on Monday, with West Texas...

What a (-n absolutely unsurprising) big slide in gold. Not Just a Daily Decline I’ve been writing about the link to the 2011 double-top for some time now, and I’ve been emphasizing the back-and-forth...

Iranian-backed Houthi rebels are kind of like cockroaches that you can’t get rid of. They keep coming back and attacking. Despite the Biden administration’s plan to stop them, so far it has not. Back...

If I hear that gold is a hedge against inflation or a hedge against market weakness again, I think my head is going to explode. Oops. Too late. I just saw an article claiming that “[b]earish signs in...

Low oil prices are not attractive to producers in the US, where the number of active drillers has fallen to its lowest level since early 2022.Drilling activity in the US has been falling since early...

Gold crashed through several support levels on Friday. The yellow metal plunged from $2,376 Thursday to under $2,300 by Friday afternoon.The mainstream financial media bandied about two primary...

Oil prices rebounded slightly after weeks of losses, but remain pressured by supply concerns. Key events this week like US inflation data and Fed decision could impact oil prices through the...

Precious Metals were slammed on Friday. Gold lost over 3% while Silver lost nearly 7% and the miners were down ~7%. We evaluate the recent action and the key support levels and downside targets for...

I ran this chart in the Quarterly Inflation Outlook released 3 weeks ago or so. Here’s what I wrote: In general, gold behaves like a very-long-duration inflation-linked bond with a zero coupon....

We start with inflation. Year-to-date we’ve diligently documented that ’tis nowhere near the Federal Reserve’s sought 2% target. And not that you need be reminded, but with May inflation readings...

Gold, silver, and their miners’ stocks suffer their weakest seasonals of the year in early summers. With traders’ attention normally diverted to vacations and summer fun, interest in and demand for...

While we never profess buying a falling knife, we do believe that the metals are probably setting up for a buyable dip this coming week. Why? Looking at the fundamentals, it seems nothing has...

Petroleum prices rallied yesterday but are dropping today ahead of the all-important monthly jobs report that is expected to show that the US added 190.000 jobs which may settle the question as to...