ETFS

Crude oil is the world’s most liquid and closely watched commodities. The energy that continues to power the world is a barometer for the health and wellbeing of the global economy. Economic growth leads to increased demand and a higher price, while contraction can weigh on requirements and prices. Therefore, macro-economic factors contribute to the

(credit Fidelity.com) Common logic says that when equities go up precious metals go down.  We did see silver (and gold) drop on the announcement.  But shortly thereafter the metals climbed off the floor and staged a strong comeback rally. Silver closed the New York day session higher than it opened, and looks to be continuing

Earlier this week, an H.C. Wainwright analyst initiated coverage of GW Pharmaceuticals (GWPH), adding to the buzz already surrounding this increasingly popular cannabis stock. On Wednesday, H.C. Wainwright analyst Douglas Tsao initiated coverage, giving the stock a “Buy” rating and $170 price target. In a note to investors, Tsao said that he expects GWPH stock

Inventory injections will start declining over the coming weeks The market was expecting an injection of 86 bcf The price action after the EIA data continues to be bullish After the most recent release of inventory data from the Energy Information Administration, there are only two weeks left in the 2019 injection season in the

Innovative Industrial Properties (IIPR) – which has been one of the better performing stocks of the cannabis sector – announced yesterday a couple more acquisitions and partnerships that could bode well for this stock.  The first announcement highlighted the closing of a sale-leaseback transaction with PharmaCann LLC (PharmaCann) for a property located in Dwight, Illinois.

Bullish sentiment for silver is sitting at 79%, and never really cooled down that much from the September top. Silver continues to consolidate after its Q3 run, and remains below key resistance at $18.45/oz.  If silver can get through $18.45/oz, this would increase the probability that the $16.95/oz low will hold as the low for

(credit Fidelity.com) Gold has basically been going sideways for about 2 months now, trending sideways after a local high. There is some debate out there about what level traders should watch for gold.  Your friendly Gold Enthusiast likes to err slightly on the side of caution for several reasons.  First, keeping levels “tight” leads to

A stretched rubber band eventually snaps The range in crude oil has narrowed over since early October Three factors that could move oil higher over the coming weeks The price of crude oil was trending lower since late April when the nearby NYMEX futures contract hit the high for 2019 at $66.60 per barrel. Increased

Palladium is up over 30% from its June lows, and is the top performing futures market this year. Bullish sentiment on palladium finished yesterday at 88%, the highest reading we’ve seen in over 18 months. I believe this to be an opportune time for investors to take profit in the metal. While gold (GLD) and silver (SLV) have been

Gold seems to have broken out of its doldrums, at least as far as the chart is concerned. The chart of GLD, an unleveraged gold trading vehicle here in the US, shows GLD trying to make an upside break starting Thursday of last week. (credit Fidelity.com) Over the weekend talking heads seemed to be tripping

An anniversary of an explosive rally Inventories say a repeat performance is not in the cards Last week’s low was another higher bottom Seasonality can be a powerful force in commodities markets. In agricultural commodities, the time of the year when uncertainty peaks is during the late winter and early spring in the northern hemisphere.