Commodities Analysis & Opinion
Why Was the US Silver Stockpile Raided by DOD?
01.12.2023
Why Was the US Silver Stockpile Raided by DOD?
Why Was the U.S. Silver Stockpile Raided by DOD? Silver has been used for thousands of years as ornaments…
Despite OPEC+ Cuts, Crude Oil Needs to Clear $80 for Bulls to Take Charge
01.12.2023
Despite OPEC+ Cuts, Crude Oil Needs to Clear $80 for Bulls to Take Charge
Despite the total cuts by all countries added at the November 30th OPEC+ meeting, oil sold off testing key…
Gold’s Monthly Closing Above $2000 Triggers Breakout Rally
30.11.2023
Gold’s Monthly Closing Above $2000 Triggers Breakout Rally
Commencing from the low on October 6th at USD 1,810, the price of Gold surged by nearly USD 200…
WTI oil futures in a fierce battle with the 200-day SMA
30.11.2023
WTI oil futures in a fierce battle with the 200-day SMA
WTI futures fall to a 4-month low before attempting a recovery But their rebound is being held down by the 200-day SMA Momentum…
Silver: Bullish Head and Shoulders Pattern Signals Potential Breakout
30.11.2023
Silver: Bullish Head and Shoulders Pattern Signals Potential Breakout
Precious metals prices have quietly crept higher in recent weeks. And if the rally keeps going, Silver could trigger…
Natural Gas Sees Bullish Turnaround as Technical Signals, Strong Demand Converge
30.11.2023
Natural Gas Sees Bullish Turnaround as Technical Signals, Strong Demand Converge
Since I wrote my last analysis on Oct. 8, 2023, Natural Gas Futures remained in bearish territory after the formation…
The Really Meaningful Signals for Gold Stocks
29.11.2023
The Really Meaningful Signals for Gold Stocks
We got the silver signal, we saw the analogy to the previous low-CPI-number surprise, and now we have this.…
Commodities Set to Rally as Weaker Dollar, El Nino and Disruptions Take Hold
29.11.2023
Commodities Set to Rally as Weaker Dollar, El Nino and Disruptions Take Hold
November has seen a broad uptrend in commodities driven by weather conditions and trade restrictions, with silver, rice, and…
Price of Sugar Tripled Since 2020. Can it Keep Rising?
29.11.2023
Price of Sugar Tripled Since 2020. Can it Keep Rising?
The prices of most food commodities have dropped significantly from the highs seen during the shortages of 2022. Wheat…
Crude Oil: WTI, Brent Bounce as OPEC+ Uncertainty Persists
29.11.2023
Crude Oil: WTI, Brent Bounce as OPEC+ Uncertainty Persists
OPEC+ is struggling to reach an agreement to extend production cuts, leaving the oil market in flux. Assuming we…
Who’s Right About Gold: Bank Analysts or Commercial Traders?
29.11.2023
Who’s Right About Gold: Bank Analysts or Commercial Traders?
CNBC Article It’s said that there’s no fever like gold fever. Big bank analysts definitely have a very positive…
The Oil Market Is Back on Solid Footing Once Again
28.11.2023
The Oil Market Is Back on Solid Footing Once Again
A Story of Speculators and Supply For the oil market, 2023 has been a story of the power of…
Crude Oil Price Choppy Ahead of Thursday’s OPEC+ Meeting
28.11.2023
Crude Oil Price Choppy Ahead of Thursday’s OPEC+ Meeting
OPEC+ decision made bigger by four-day delay Global economic outlook to impact the group’s cuts? Brent consolidating near recent…
Gold Rebounds Strongly From 200 DMA: What’s Next?
28.11.2023
Gold Rebounds Strongly From 200 DMA: What’s Next?
Gold has made a strong rebound from the 200DMA earlier this month. The 200DMA also resided at the 38%…
Gold Opts for a Long-term Trend
28.11.2023
Gold Opts for a Long-term Trend
Gold touched six-month highs, moving into territory above $2010 at the start of the new week. Over the past…
Brent Crude Oil Faces Multiple Challenges: What’s Next?
27.11.2023
Brent Crude Oil Faces Multiple Challenges: What’s Next?
The Brent crude oil market is currently navigating a complex landscape, reflected in the recent decline in prices. On…
The Gold Update: Basking Under Gold
27.11.2023
The Gold Update: Basking Under Gold
Greetings from under the Tuscan sun. Here in Cortona, recorded history dates all the way back to the Etruscans…
Gold Price Weekly Forecast: Stabilization Above $2k to Depend on Bond Yields
27.11.2023
Gold Price Weekly Forecast: Stabilization Above $2k to Depend on Bond Yields
Gold tested $2,000 for the second time this month but found it difficult to stabilize above this key level…
Gold Stocks’ Winter Rally
24.11.2023
Gold Stocks’ Winter Rally
Gold stocks have mostly ground lower to sideways since spring, leaving this contrarian sector really out of favor again. …
Is gold forming a double top pattern?
24.11.2023
Is gold forming a double top pattern?
Gold gets rejected a tad below its recent 5-month peak A failure to claim that level could validate a double…