Opinion

What Brought Down Oil Prices?

Silhouette three oil pumps

United States Oil (USO) tumbled down again in the past few months and reached its lowest level this year. Also, the price of WTI oil plunged by over 10% this month (up to date) to $82. Will prices keep coming…

What Is Next for SLV?

Bar of Silver

Shares Silver Trust (SLV) bounced back in the past week as the silver ETF rose by 3.2%. The latest news from the FOMC, the progress in the U.S dollar and changes in the treasuries market could provide some indication about…

How Low Can UNG Go?

Blue flames

The natural gas market cooled down last week, as the price of the Henry Hub fell by 4.5%. Moreover, the natural gas ETF United States Natural Gas (UNG) also tumbled down by 4.6%. Will UNG keep falling down? Let’s review…

Will Goldcorp Turn a Profit on Its Eleonore project?

Gold Bars

The latest news from Goldcorp (GG) is that the mining company started gold production in its Éléonore project. Currently, the company plans to produce around 50,000 ounces of gold this year and ramp up to full production capacity by 2018. Considering…

Will Natural Gas Prices Remain Close to $4?

Pipeline

The price of natural gas rose by 1% in the past three weeks. Following this modest gain, the price remained close to $4. The latest development in the natural gas market also led United States Natural Gas (UNG) to shed…

Gold and Silver Forecast for October 6-10

Gold bars on dollars

The latest positive news from the U.S labor market – the NF payroll showed 248K jobs added during September and August numbers were revised up to 180K – was enough to drag down the prices of gold and silver to…