Commodities Analysis & Opinion

The inflation remains low and below the Fed’s target. So, should gold bulls worry about it?The U.S. CPI inflation rate rose by 0.2% in September , following a 0.4% increase in August. It was the...

Yesterday's API US oil inventories report showed a significant drawdown, a decline of 5.42 million barrels, the sharpest weekly plunge for the metric since August. If today's official, EIA...

The supply side for oil does not seem to matter because the world is still focused on anemic demand, the lack of a COVID-19 relief package, and the possibility of a second wave of the coronavirus...

US Crude Inventories Send Oil Prices HigherOil was the night’s surprise package, with Brent crude and WTI rallying strongly despite downgrades yesterday for 2021 oil consumption. Brent crude...

Dismal oil demand forecasts have dominated the market recently. OPEC, the EIA, IEA and British oil major BP (NYSE:BP) have all downgraded their expectations for when oil demand will return to 2019...

WTI crude levels are still relevant but if you find yourself with a profitable position I suggest you take it quickly! We were offered about 40 ticks profit on any shorts at minor resistance at...

I don’t mean to be a broken record, but the precious metals sector remains in a correction.Although the miners have outperformed Gold in recent days, their prognosis has not changed. Do you...

With the gold price up about 100% since it bottomed five years ago, some investors seem to believe that it has gotten overpriced. In addition to watching important drivers of the gold price,...

In Monday’s analysis, we’ve explained why rising stock prices might not lead to significantly higher gold prices after all before the latter turned south again. The manner in which this...

What does OPEC Plus have to do? With compliance at 103% percent and the global crude glut evaporating, they still have to worry about a faltering economy.That is the assessment from the International...

If you were an investor fixated on gold or copper this week and witnessing returns in the red or just flat, there’s another metal you may want to check out.Aluminum has made a pile for investors...

Gold crashed as far as 1882. An unexpected 40 point loss yesterday afternoon. Holding short term trend line support at 1890/88 should be positive for today in short term oversold conditions. A bounce...

WTI Crude November Future recovered all of the previous week’s losses last week. Yesterday we recovered all of Monday’s losses. I cannot see a pattern or trend to follow—other than a...

Oil Rallies On China importsOil surprised the author overnight, with both Brent crude and WTI firming in what appears to be a delayed reaction to China’s massive increase in imports yesterday....