Commodities Analysis & Opinion

The technical setup of Gold and Silver is similar to the one that preceded the huge gains in the 1970s. Secondly, the 1970s bull was fueled by twin secular bear markets: in both stocks and bonds. In...

Gold has made six major breakouts since the end of the Gold Standard in 1971.  Only two of the breakouts retested the breakout. Those two were the two previous breakouts to new all-time highs: 1978...

Gold retreats after unsuccessful break above 50-day SMA The price extends its structure of lower highs Momentum indicators turn bearish Gold had been in a steady recovery from its recent...

The main global economic theme right now is sticky inflation and fading growth. The Dow Jones Industrial Average has been drifting sideways since March 21. For gold, the drift began on April...

By Mike Maharrey, Money Metals ExchangeBank of America is eyeballing $3,000 gold.According to a report released by the big bank, gold prices could potentially hit $3,000 an ounce in the next 12 to 18...

By Mike Maharrey, Money Metals ExchangeThe investment world generally treats gold like a second-class citizen. Sure, the mainstream will sit up and take notice during a strong bull run, but...

Oil prices fluctuate, reaching new heights and decreasing to new lows. On June 6th, oil prices rose by 2% after the European Central Bank decided to lower interest rates, sparking hopes that the...

Gold Gold (XAU/USD) remains stuck in a sideways consolidation with little movement yesterday. We should have resistance at 2335/40 today if you want to try a short-term scalp with stop above 2340. A...

The rag-tag group of Iranian-backed Houthi rebels are a force to be reckoned with and are growing in power as the Biden administration seems unable to stop them from attacking ships. The Houthis,...

Silver prices rose at the start of the week, but concerns about a strong dollar and upcoming elections could limit gains. However, the long-term outlook remains bullish, with silver potentially...

To be sure, our recent missives have been near-term negative for Gold, at least technically so, an eye to the 2247-2171 zone apropos.  Still, as you know, Gold these past two weeks has been...

Latest whipsaws in Gold cloud prognosis into next week and the end of month and end of the quarter. Gold, for now, has support at $2300 and Silver has initial support around $29. The miners are...

The gold miners’ stocks have been grinding lower for a month now, sapping traders’ enthusiasm. But this is par for the gold-summer-doldrums course, what typically happens in June. This...

Summer draws, makes me feel fine, Blowing through the jasmine in my mind. Ok I thought it was “jazz man” in my mind, but no matter, because on the first day of summer and the oil market is simmering....