Commodities Analysis & Opinion

The significant synergy between the Dow Jones Industrial Average and gold bullion continues. A look at the chart. Technically, an upside breakout is favoured, with a $2600 target for gold. The...

It will be a quick update today, as the situation is almost identical to what it was in the previous days. In other words, the situation is developing in line with what I wrote previously. Quoting my...

While there are expectations that global oil demand will break the record this year and for years to come, there are signs that global oil production may be peaking and by design. The green energy...

The commodity market was adjusted moderately on Tuesday morning after the price of Brent crude oil rose by 2% the day before. A barrel of the North Sea variety is at about 84 USD.   The main support...

On Whit Monday, May 20th, the price of gold reached a new all-time high of USD 2,450. However, this milestone was immediately followed by a sharp pullback to USD 2,287, from which the gold market has...

Apparently, the Biden Administration believes that the Strategic Petroleum Reserve (SPR) is their own little political slush fund. The Biden team is saying that they will potentially tap the reserve...

We are having a big family cookout planed for later today so I just wanted to get something posted. I have literally well over a 100 different charts for Silver going back over 20 years which I have...

First to Gold, then the economic mold (its detritus, all told). As herein anticipated a week ago: Gold’s weekly MACD (moving average convergence divergence) has now confirmed crossing to negative,...

Gold closed up 1% this week while Silver gained slightly and miners were down. Gold and Silver remain in correction mode. Gold is outperforming Silver. The key question next week and beyond is if...

Gold has generally drifted sideways for a couple months now, consolidating high. That lack of progress has significantly eroded sentiment, bleeding off greed and stoking bearishness. But this healthy...

By Stefan Gleason, Money Metals ExchangeAs the Fed keeps hopes alive for at least one rate cut this year, metals investors are weighing the inflation outlook. Gold and silver markets have recently...

Gold is adding on Friday, and it appears that a flight to defensive assets, rather than the risk appetite that drove the price earlier this year, is behind it. Since the start of the week, gold has...

It’s Flag Day today and what better day to point out that OPEC called a penalty flag on the International Energy Agency IEA calling their peak oil demand narratives dangerous for consumers and could...

After losing $15/bbl in a matter of 2 months, Crude Oil is trying to react and is currently facing the first big diagonal resistance from that deep dive. Original Post