Commodities Analysis & Opinion

The past few days have been relatively negative for gold as the commodity has fought against a rising tide of US dollar strength. However, the rout is unlikely to be over yet as the daily charts are...

This weekend’s announcement that veteran Saudi oil minister Ali al-Naimi would be stepping down from the position he has held since 1995 drew a flurry of media speculation. Digital media outlets...

On Monday Brent closed at $46.15 per barrel. The price gap was +1.8%. Oil was up due to the Saudi minister for oil losing his positions and the forest fires in Canada. On 7th May, the Salman of Saudi...

News came out last week that perhaps Iran had already improved its oil production to reach a point near its former, pre-sanctions level. This would be a huge boon for Iran.The numbers say that Iran is...

Pros and Cons The recent rally in commodity prices has surprised many market participants and has greatly supported the stock market’s rebound. It has also made bulls out of a number of former...

The price of oil reached a new 2016 high last week - $46. Oil’s steady climb over the past few weeks, coupled with small but continual reductions in U.S. production, has many seeing the light at...

For longer term traders and investors in oil—as we come to the end of another month with the latest weekly oil inventories now posted—it is once again the weekly and monthly charts that...

Silver has largely been one of the “forgotten” precious metals over the past year four years despite an increasingly scarce supply and rising industrial demand. Subsequently, the commodity...

Last week was another interesting week, in that the price of silver separated from the price of gold. The former went nowhere while the latter gained over 4.5%.We get the trading thesis, that if the...

Gold and silver have more or less confirmed they have bottomed and are ready for a multi-year rally. Their trend has not fully ‘reversed’ to the upside yet but the market breadth and...

One of our savvy accounts sent me an email early Monday morning with a terse message: “Doha: Ha, Ha!” He correctly predicted that there wouldn’t be a deal over the weekend to freeze...

Sunday, April 17 passed without any agreement between the 18 oil producing nations that gathered in Doha, Qatar to discuss a coordinated freeze in production. The price of oil rose above $40/barrel...

It was reported last week that Deutsche Bank (NYSE:DB) has settled lawsuits over allegations it manipulated gold and silver prices via the “London Fix“. This is not really news, in that...

Today I want to address the nonsense I've been reading elsewhere that the technicals are indicating that gold is still in a bear market. Nothing could be further from the truth.First let me dispel the...