Commodity Analysis & Comment

Many have questioned why the gold price has failed to do the normal thing (decline significantly) in the face of high ‘real’ yields (an indication of a very tight monetary policy).Why the...

US pump prices of gasoline are falling just as crude prices are going the other way Americans spared the pain felt by drivers elsewhere with crude at or near $90 per barrel. If the trend lasts, it...

Henry Hub’s front-month swoons to $3.07 from $3.47 peak last seen in January Charts suggest interim return to $2 pricing but bulls refute that, pointing to demand Below-normal 80-bcf storage...

Gold prices have bounced around during a volatile multi-month pullback. Each rally has been met with more selling.Could that be changing soon? Today’s “daily” chart of the Gold...

Middle East conflict has escalated as Israel prepares for ground invasion of the Gaza strip With rumors of Iran potentially getting involved, there is a concern that this conflict could escalate into...

Iran pushing itself front and center in Israel-Hamas crisis Market eyeing US crude supply too, after last week’s stock build/record exports Q3 growth number awaited from top oil importer...

I am not sure if much of what is written regarding markets – especially the gold market – is based upon ignorance or just intellectual dishonesty. In either case, I am absolutely sick of...

New China data brings back old worry about economy in top oil importer 2024 oil demand likely lower than thought, says IEA, disputing OPEC’s outlook Iran sanctions enforcement likely tough on...

Mid-$3 could be new range for natural gas for a while with $3.50 acting as a wall Squeeze of longs could result in a low of $3.17 though high of $3.77 likely later Modest storage addition of 88 bcf...

Gold and silver have rebounded as market uncertainty rose following Israel-Gaza conflict But, those looking to buy for a new bull market will have to be patient Both precious metals could rally in the...

Oil jumps 4% at Monday’s start after last week’s loss of 9% to 11% Gold up 1% after last week’s 7-month low While Mideast crisis makes oil prices higher in the immediate term, more...

Since my last analysis, natural gas futures have remained exceptionally volatile due to various concerns surrounding supply and demand. Without a doubt, the bulls demonstrated their strength by...

Oil market awaits Saudi energy minister’s response to renewed price collapse Abdulaziz bin Salman could deepen cuts or buy himself time by warning that he’s 'watching' the...

For the first time in many weeks, gold is starting to look relatively attractive again. If you loved gold at $2K+, it is now on sale near $1.8K. But will it find buyers is the key question? The sharp...