A tale of two commodities
To say the last few days have been a roller coaster ride for commodities would be an understatement, with both oil and gold providing some […]
Commodity Market Analysis
Oil prices fall as OPEC remains calm
As we come to the end of a holiday shortened week with Thanksgiving celebrations in the US, crude oil has continued its relentless bearish trend […]
Gold and the euro await the Swiss vote
As the Swiss referendum on gold draws ever nearer with polls suggesting that the nation is favoring a NO vote, it’s time to revisit the […]
Buyers return to gold, but for how much longer?
The price action for gold throughout much of November could best be described as chaotic, with volatile days of price action subsequently followed by periods […]
Even oil inventories fail to put the brakes on
For oil traders and speculators hitting the sell button has become almost automatic, as the heavily bearish tone for the commodity shows no signs of […]
Over supply of oil continues to drive prices lower
It was a day of muted trading for oil yesterday, with both the US and Canada observing a public holiday in honor of their war […]
Silver gains but bearish tone remains
With another trading week over, and Non Farm Payroll having come and gone for another month, markets in general are now looking forward, as the […]
Natural gas rebounds on weather fears
With so many traders focused on oil, it is often easy to forget that there are alternatives to black gold, and the commodity that I […]
Gold now aboard a runaway train
These are dark days indeed for gold investors, and with the mid term elections now over, and the US dollar resurgence continuing, the short, medium […]
Oil picks up bearish momentum ….again
For longer term oil traders it’s been a question of being patient and waiting, as the commodity continued to consolidate in a narrow trading range, […]
Trap door opens for gold and silver
For equity bulls, the nightmare is over for now. For gold and silver bugs it’s just beginning. If yesterday’s price action was concerning, the overnight […]
Silver tarnished by gold and strong US dollar
Yesterday’s hawkish tone from the FED, coupled with the consequent surge higher for the US dollar, appears to have finally provided the catalyst for silver’s […]
Crude oil continues to trade in a narrow range
For crude oil traders it’s been a question of keeping an open mind, ignoring the news, and trading what you see on the chart as […]
Gold falls as dollar soars with the FED hawks
And so the waiting is over , with the FED having deliberated and discussed for two days before deciding the US economic machine is no […]
October, a game of two halves for gold
For gold, October could best be described as a game of two halves, with the rally of the early part of the month, now appearing […]
Is oil now building a platform of support?
The last few days have been interesting ones for crude oil traders, with the commodity mirroring the volatile price action and associated volume profiles of […]
Rally for grains stalls as benign weather returns
The recent rally for soft commodities appears to have stalled once again last week, as improving weather conditions across the US mid West allowed harvesting […]
Let’s hear it for the oil speculators!
Let me start this analysis for oil, by highlighting an issue which I always find deeply ironic which is this – when oil prices rise […]