Commodities Analysis & Opinion

America was built by “citizen champions”. Should the current gold price action be described in a similar way, as a “rally of champions”? I think so.Technically, gold is...

Jordan Roy-Byrne recently posted an interesting video discussing gold’s Commitments of Traders (COT) data. The video was a response to numerous articles warning that the COT situation was...

Last summer I drew attention to the horrific bear market in gold and gold mining stocks suggesting, “it’s time to get greedy in the gold market.” Since then, gold has found its...

Recently the markets have been awash with talk about crude oil seemingly having discovered a bottom to the recent decline. However, the supply fundamentals remain unchanged, and despite the talk of...

With so many traders keen to forecast the longer term prospects for crude oil, I thought it was time to add my own thoughts. As always at times like this, I find starting with the slower time frames...

At Near-Term Risk, The Gold Sector Is Launching -- Not Blowing Off.We have been calling the gold-sector move a potential launch for weeks now, since gold and HUI each busted through their bear-market...

A person often reads that low oil prices–for example, $30 per barrel oil prices–will stimulate the economy, and the economy will soon bounce back. What is wrong with this story? A lot of...

Gold rallied sharply thanks to the uncertainty and the flight of capital to safe haven bets. The range came under pressure and ultimately broke, sending the metal up before a strong NFP report led to...

We can see from the 3-Year Daily comparison chart below that, for the most part, Gold, Platinum and WTI Crude Oil have traded in tandem, although Oil has seen far more volatile swings.Since December...

For oil, the new year could hardly be described as happy, as the relentless decline in prices continues. December’s pause is now starting to fracture as February’s WTI contract picks up...

Saudi/Iran Tensions Spike; A Look at OOil: Welcome back to your trading desks for the new year, now let’s make sure it’s a good one! Well, it didn’t take long to set up a massive new...

We're getting pretty close to the support zone for oil. Should be good for a bounce soon. Maybe even an intermediate cycle low.

By all accounts, the world is awash with oil: production remains high while demand is softening along with the global economy. This has led many observers to forecast further declines in oil from the...

The markets have, for the most part, already priced in a Fed rate hike, which is expected next week. On Thursday fed funds futures indicated an 80% chance of a rate hike. It would be the first move in...