Kitco is a good source of information for current gold and metal prices.
They have a link for news that gives updates on metals as well.
It's a good place to start.
Don't know about oil...........nothing technical anyhow.... but it is not going to drop to 10 dollars a barrel. I have heard the same thing on tv and radio but it won't happen.
There are too many people (and govts) that want it to rise. Saudi Arabia gets 98 percent of its foreign revenues from oil and its budget relies on oil revenues that are just as dependent. They need 80 dollars a barrel to meet the expenses of their national budget. Currently it is around 30 dollars.
Russia gets 75 percent of their foreign revenue from selling oil and something ridiculous like 50 percent of their budget relies on oil revenues. They need 60-80 dollars a barrel to break even because all their oil is in Eastern Russia and the transportation costs are enormous.
Venezuela gets 90 percent or so of their national budget from oil and they need 60 dollars to finance their country. They need 30 dollars a barrel to break even on their oil. They have some of the biggest oil reserves in the West but Chavez nationalized the oil industry and did not invest in maintenance and developing new fields. He used money to satisfy his political friends.
Canada is suffering from low oil prices too.
And there are other examples, but you get the picture. There are too many govts and political motivations to allow oil to fall much lower.
The Baltic Dry Index is a benchmark used for shipping news. How many tankers and freighters are sailing and how many are drydocked. It is used as an indicator for oil traffic.
There are other websites that follow the number of oil wells and production in the US and Canada but I am not familiar with them.
Just my .02
http://www.kitco.com/
https://en.wikipedia.org/wiki/Baltic_Dry_Index
http://www.bloomberg.com/quote/BDIY:IND
