Commodities Analysis & Opinion

The gold miners will soon report what will almost certainly prove their best quarter ever. Mostly due to Q2’s record-shattering gold prices, gold miners’ earnings should soar off the charts. Those...

The PCE Index statistics were released today, and you might wonder what impact they will have on the price of gold. Let’s dig in. One might think that PCE is a critical driver of gold prices (and...

By Mike Gleason, Money Metals ExchangeAs voters weigh their options for President, investors are weighing their options among the major asset classes.As to presidential politics, voters are left with...

Crude Oil’s comeback has turned the trend to UP in all time frames but short-term the 61.8% Fib of the April to today wild ride is next on the resistance list. Original Post

The oil market seems to be sensing something as the market is taking off this week even with bearish Energy Information (EIA) inventory data the price is headed to the upside. The oil market prices...

Gold Gold (XAU/USD) has been good to us this week! We sold resistance at 2335/40 and watched Gold tumble as far as support at 2297/94. Longs here also worked perfectly yesterday as we made a low...

British Petroleum or BP (NYSE:BP) as it is also known, is having the wind taken out of its sails as investors say enough is enough when it comes to investing and losing money in aspirational virtue...

Despite the generally negative attitude toward gold you hear in the mainstream financial media, the vast majority of professional investors in North America own gold and the number has been growing...

You want to ban fossil fuels but make them cheap at the same time. This is not only impossible, but it is dangerous.  This is something the Biden Administration does not understand or maybe they do...

Gold Gold (XAU/USD) remains stuck in a sideways consolidation with little movement yesterday. The market moves up one day, and down the next day in a sideways trend for 2 weeks. However, shorts at...

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...