Nearby NYMEX crude oil futures have the right look and the requisite underlying internals to suggest that yesterday's low at 93.42 and this morning's low at 93.81 ended the decline from the July 26 high at 100.62.

The fate of every country that has tried to run a pure paper money system, with currency not backed by gold, has been disaster.

After last week's plunge in reaction to a minor downward guidance adjustment, Silver Wheaton (SLW) has rebounded strongly and held its gains during today's crazy volatile session.

The GDP numbers for the second quarter came in, and there is no way to spin them as anything but ugly.

So many traders get caught up on how much they are making per day instead of focusing on the risk they are taking.

James Mound reviews futures and commodities in his weekly report for the week of August 1.

If everyone thinks the US T-note is such a safe item that they're willing to take a negative yield just to hold it, maybe it's not safe at all.

The US economy is sinking into a deeper Great Correction.

According to the papers, investors are on the edge of their seats. They're waiting to see what happens in Washington. Everybody knows that a default would be disastrous.

The politicians can't get together and make up their minds.