Commodities Analysis & Opinion

The pace of loan growth has been declining recently. What does it mean for the gold market?As the chart below shows, the annual rate of growth in commercial and industrial loans has been declining...

* Market share battles have ONE consistent by-product: Prices gets eviscerated * Current market elements favor a short term bullish posture * Ultimately price appears to be headed to $20...

The gold price is under further pressure today, hovering near a 3-week low after strong data out of the US gave a significant boost to the greenback.At 4.27pm (GMT) gold was trading at $1,247 down...

Good Morning!Let’s get started! The Fed decision on rates is today and could create more volatility, with the VIX index at a 10-year low. We also have the ISM Non-Manufacturing index at 9:00...

Power Sharing Crude oil prices are conflicted after a potential Libyan deal to share power from rival factions drove prices close to yearly lows against some strong signs that U.S. oil and petroleum...

Last week here we pondered whether the fall in Oil prices was over. There were signs of a bottom as the price sat at support and the 200 day SMA. But there was also a dark side that suggested further...

by Pinchas CohenThe price of iron ore skyrocketed last year, up 81% to $95 levels on Chinese demand. It reached a two-year high in February. However, since then it has plunged 32%, to $67 per metric...

In April I noted that there were three possible pathways price could take and assigned percentages to each of them. We can now eliminate one of the pathways.Pathway #1: Uber Bullish Pathway is now...

Crude oil Slips Over Signs of Increasing U.S Oil Inventories And Weaker OPEC ComplianceCrude oil prices plunged to $47.47 low on Tuesday, adding additional losses for this week with -$1.80, almost 3%,...

Our Raw Steels MMI fell seven points* due to the slump in China’s steel prices in April. Raw Steels MMI (*Note: We changed one of the data elements of our index to map the underlying market more...

Potential rebound from trendline support for Crude Oil Original post

Gold in a bearish flag Original post

Shale production has been increasing over the last months, as U.S. producers are looking for revenue increases. They seek to pay off or keep up with their debt and find profits after two years of...

Crude oil recouped some of its intra-session losses overnight, but the wolves are still circling.Oil was whipsawed overnight, as both Brent and WTI fell over two percent in the New York trading...