Commodities Analysis & Opinion

Get ready to float your oil boat as data from OPEC and floating storage suggests the global oil market tightening. While US crude oil inventory supply in recent weeks saw some surprising increases,...

By Mike Maharrey, Money Metals ExchangeI’ve written extensively about supply shortfalls in the silver market. Silver demand outstripped the supply of the metal for the third straight year in...

By Mike Gleason, Money Metals ExchangeAs inflation continues to put the squeeze on consumers, precious metals markets are back on the move.A solid close above the $2,400 level should set the stage for...

If you wonder why U.S. consumer confidence is as bad as it is, just look at oil and gasoline.The price of oil is 8.7% higher than it was a year ago. The cost of gasoline is higher, even as consumers...

Gold dipped Monday morning due to profit-taking but longer-term outlook remains bullish, possibly marking a third month of gains. Recent increases linked to a weaker dollar and Fed rate cut...

The price of Brent crude oil is currently experiencing a downturn, trading around 82.55 USD per barrel this Monday. The primary concern affecting the market today is the uncertainty surrounding demand...

Crude Oil closed another difficult week on the technically critical uptrend line of the last 6 months and this is no coincidence. Market participants are looking confused as the short-term trend...

Gold recently became extremely overbought in momentum terms against ALL major fiat currencies.For example, the following daily charts show that based on the daily RSI(14), a momentum indicator...

Oil prices seemed to put in a reversal after rumors surrounding OPEC-Plus cuts and perceived oil and product market gluts seemed to be put to rest. The Energy Information Administration (EIA) and...

Gold is only two months into a 13-year breakout while the inflation-adjusted Gold price, an indicator for gold stocks, is approaching a breakout from a 45-year base.Gold stock valuations are at very...

Precious metals have enjoyed a huge rally that has seen gold reach new all-time highs and silver reach new multi-year highs.There are a lot of tailwinds working for gold and silver today global...

A series of weaker data may prompt the Fed to cut rates later this year. Meanwhile, gold prices are consolidating near $2300 and silver is testing an important support level. Is now the right time to...

Most US citizens have no savings and are carrying significant credit card debt. While the CPI, PPI, and PCE reports show inflation is in the 3% range, the average citizen feels that costs are rising...

By Mike Maharrey, Money Metals ExchangeFactoring in sizeable over-the-counter (OTC) buying, gold demand charted its strongest first quarter since 2016.Excluding OTC buying, demand fell 5 percent to...