Commodity Analysis & Comment

Real gold mining macro fundamentals matter. A lot. Here is a list of things that don’t matter, or at least shouldn’t matter when considering a bullish view of the gold stock sector (GDX,...

Saudi Arabia's surprise production cut was targeted at short sellers. While Saudi energy ministers dislike futures trading's role in the oil market, it helps increase liquidity. Meanwhile, water has...

For those who may not remember the action we experienced in the metals market back in the summer of 2011, the market was going parabolic at the time, with some days seeing $50 increases. And the only...

Gold prices remain elevated as inflation, political differences, and the prospect of international war radiate on the horizon.This prospect of uncertainty tends to be where gold finds buyers at higher...

Oil prices rose sharply on Monday following surprise production cuts by the Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+.Both oil benchmarks, including Brent...

Saudi Arabia has had six oil ministers in just over 60 years. The first abhorred American dominance of Arabian oil and fought to end it; the second wanted low prices for greater market share; the...

Precious metals bulls rose sharply last summer into the heart of inflation headlines and Ukraine war news. Since that time, both gold and silver have moderated but remained elevated in a consolidation...

The latest production cut could result in a $10 rally or more a barrel The counter-effect will be higher inflation and, possibly, more Fed hikes Ultimately, the focus on recession will return; this...

Various promotions along the way of the Continuum have distilled the case for gold down to handy buzz phrases like “got gold?” as if it were a carton of milk. Other promotions have...

Improved risk sentiment has seen oil trade higher over the week, whilst supply concerns have only added further strength. OPEC+ meet early next week and we expect the Joint Ministerial Monitoring...

Gold and silver have had a great month so far. With risk appetite improving noticeably in the last week or so, silver, which is more of a risk-sensitive commodity, has outperformed the yellow...

Western Europe's ban on Russian oil led to changes in the market, with Russia now top oil supplier to India and China Saudi Arabia increased exports to Europe but still bets on China for future...

Natural gas futures movements during March 2023 suggest a decline in bullish sentiment as prices found buying support at $2 and are now poised for a sharp reversal.On March 29, 2023, natural gas...

Natgas heads for 50% loss for Dec-March trading, possibly worst qtr in history Gas storage at 1.9 tcf, up 36% from a year ago and 23% above the 5-year average Most-active May gas could drop to $1.76...