Commodities Analysis & Opinion

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...

Gold rallied on Friday, ending a three-week losing streak despite a strong US dollar. It remains a favored hedge against inflation, maintaining value despite high interest rates. Technical analysis...

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...

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

Commodity price volatility is exploding after the Fed disappoints. Some markets including the petroleum markets, even after the soft inflation reading, oet confused after an Energy Information...

Oil is down, and so is copper after hitting record highs in May. Natural gas prices, however, continue to be supported by supply concerns. Oil market in deficit for the remainder of 2024 Oil prices...

The IEA has a dream to cope with anything. If they see the wonder, of a fairy tale, they can take the future, even if they fail. The International Energy Agency is predicting “Peak Oil Demand” again....