Commodities Analysis & Opinion

Markets today are focused on the race to zero. The FOMC will announce its decision today, and while it is not expected to cut rates from zero to 0.25%, they will tell you that they will “do...

To the gold crowd hoping to read the tea leaves after today’s Fed meeting, here’s a likely synopsis: with rates virtually at zero, focus will probably be on the direct lending plan to...

The Gold futures contract lost 0.09% on Tuesday, as it slightly extended its short-term downward correction following last week’s advance. The market has bounced off the mid-April local...

Silver with easily discernible support/resistance levels. Original Post

It looks to me that longer-term gold is still in a bullish consolidation, digesting the new multiyear highs situation. Original Post

On March 31st, I tweeted about gold GLD (NYSE:GLD) the ETF. It is a good thing I do not rate my trading advice on the number of likes I get. So, with the tweet spot on, the very next day, me and my...

SummaryMarket attention has focused on the recent downside implosion of the May WTI contract into negative territory. While historic, the current term structure of oil markets is largely a function of...

Time to revisit the daily chart for oil, and as I forecasted last week, the recovery off the plunge lower looked weak, and we could expect a reversal. That has proved to be with the WTI contract once...

Silver: several supports down to $14, but too vulnerable below that. Original Post

Gold’s zone to watch in the next hours is 1660/1760. Original Post

Oil fell nearly 25% on Monday and is poised for another decline on Tuesday. Speculators keep betting on an oil industry bailout or a revival in demand. Neither is in sight. Crude is down again after...

June Crude oil is on the lowest Fibonacci support of the 1-week rebound as of this writing, without much to hold it away from the lows and from the memories of negative price contracts. Original...

The global meltdown will turn into an economic depression in which few are prepared. The mainstream financial media focuses on the highly inflated stock rally and safety in the bond market, while the...

On analysis of the movements of Natural Gas futures since opening on the first trading session of the last week of April, 2020, I find that finally, the Bears Trap has sprung yesterday after a long...