Commodities Analysis & Opinion

Copper is definitely the most important industrial metal out there. Freeport-McMoRan Reflects Market Trends In the entire commodity sector, only crude oil is more widely used. And given the...

By Mike Maharrey, Money Metals ExchangeGold has been on quite a bull run this year, but silver has lagged. The wide gold-silver ratio tells us that silver is historically underpriced compared to...

By Mike Maharrey, Money Metals ExchangeFor the fourth straight month, gold-backed ETFs increased their net gold holdings. Funds in every region reported net inflows of gold with Western funds leading...

Gold has returned to growth. On Friday, a troy ounce of the precious metal was priced at 2517 USD. The price has stabilised as the market awaits the release of August's crucial US employment report....

Summary & Key Takeaways: US oil production is finally showing signs of peaking. Since early 2023, almost all production growth has resulted solely from productivity gains. The rig count, frac...

Copper prices have continued to fall and this decline seems to be in alignment with potentials talks of Federal Reserve interest rate cuts. When Doc Copper turns south, it’s worth taking...

Gold continues to trend sideways against the 60/40 portfolio. But that could change over the months ahead.

As I write this, gold is trading just under $2,500 an ounce after surging past the psychologically important level for the first time ever in mid-August. For seasoned gold mining investors, this...

Oil got crushed as a multitude of factors hit as traders started back from the Labor Day holiday weekend. First and foremost was weak global manufacturing data starting in China and ending in the US...

Gold prices are trending down due to a lack of safe-haven bids and a strong US Dollar. Upcoming US jobs data and interest rate decisions will significantly impact gold’s future...

WTI crude oil falls below $70 a barrel. This comes amid rising fears of slowing growth in China and the US following underwhelming data. With OPEC+ planning to ease production restrictions, the...

When I think about the metals market, I chuckle as it has obliterated just about every expectation many have had about what drives the market. We have seen metals decline during a strong inflationary...

Did you know the U.S. benchmark Henry Hub natural gas spot price was under $2.00 per million British thermal units (MMBtu) in February and March 2024? It hit a low of $1.50/MMBtu. This shows a big...

We got a pullback in silver that I thought might be coming in my last post. I wrote Aug 20, 2024 the following: If we do get a pullback in the price of gold and silver, it will be short lived. The...