Silver and Crude Oil Continue to make New Highs
January 3, 2011 2:23 pm by Russell GlaserThe dollar and commodities kicked off the new year with a bang, trading higher versus the majors. But as the day moved on many of the dollar’s gains eroded as illiquid market conditions are apparent with Japanese and European banks ...
Silver Looks to Move Above All-Time High
December 30, 2010 7:47 am by Russell GlaserThe gains in spot silver prices continue to increase with today’s price breaching the all-time high of $30.69.
Crude Oil Prices Set to Decrease
December 29, 2010 2:15 pm by Anton EljwizatCrude oil prices have recorded much bullish behavior in the past several days. However, the technical data indicates that this trend may reverse anytime soon. For example, the daily chart's Stochastic Slow signals that a bearish reversal is imminent. A ...
Silver Outshines Other Metals this Year
December 27, 2010 12:40 pm by Russell GlaserSilver prices continue to outperform other commodities as spot silver has appreciated over 70% this year.
Crude Oil Expecting an End-of-Year Bullish Leap?
December 20, 2010 8:00 pm by Greg HoldenThe price of Crude Oil has been rising over the past few weeks, but the corrective retracements have many analysts wondering what forces are affecting the market.
Crude Oil Bouncing Off 50% Retracement Line at $90
December 9, 2010 9:00 am by Greg HoldenThe price of Crude Oil has been receiving support from the winter season in the northern hemisphere lately, but we are beginning to see technical indicators which suggest downward pressure.
Oil Inventories Decrease by 3.8m Barrels
December 8, 2010 7:14 pm by Greg HoldenCrude Oil Inventory data released by the Energy Information Administration (EIA) today revealed a decline in inventories for the week ending Dec. 3rd.
Oil Prices Lifted from Severe Cold in US Northeast
December 8, 2010 3:42 pm by Greg HoldenThe sudden spike above $90 a barrel in Crude Oil on Monday has many investors paying close attention to today's release of Crude Oil Inventories from the United States.
Commodities Reach New Highs Before Pulling Back
December 8, 2010 7:36 am by Russell GlaserGold, silver, and crude oil all reached new highs yesterday before a selloff in commodities pushed prices down and the three commodities finished the day lower. However, this may just be a result of short term profit taking before the ...
Crude Oil Hits a 2-Year High
December 6, 2010 11:46 am by Anton EljwizatBy last week’s Tuesday, a rumor has spread that the European Central Bank (ECB) is buying bonds, and as a result spurred a rally for the euro. In addition, dollar-dominated commodities, such as crude oil and gold strengthened as well. ...