Commodities Analysis & Opinion

A trading friend of mine send me this on Sunday evening:The implication being that since DG was mighty skeptical about the entire OPEC deal, oil would probably rise (in contrast to DG’s...

The biggest development in the markets last week was the surprised agreement by OPEC to cut production. The news boosted oil price up and helped lift commodity currencies. WTI crude oil jumped to...

Since the beginning of last week (26th Sept) Natural Gas was trading at the $3.07 level, by the end of the week it plummeted 0.18c to a week-low of $2.95. Recent Natural Gas stockpiles increased to 49...

Industrial metals rose in the first half. In Q3 they took a break, but momentum is starting to pick up again.The industrial metals PowerShares DB Base Metals ETF (NYSE:DBB), which tracks the...

The Organization of Petroleum Exporting Countries’ first agreement to cut oil production since the financial crisis — reached at a meeting in Algiers last week — can be seen as...

Crude Oil:Short-term bullish. Original post

Gold's Dangerous descending triangle forming Original post

For the first time in 8 years, OPEC has decided to cut oil production, which sent crude oil rallying 5 percent higher on Wednesday. At best, the cartel was expected to agree upon a production freeze....

The article aims to provide price forecasts for commodity futures for October 7, 2016. The tables below show the weekly commodity futures prices in US dollars over the period from September 2, 2016 to...

Stocks are seeing great strength now after the Fed meeting and decision to keep rates on hold, as expected.There is just no reason to hike rates until after the elections, meaning December is the...

iShares Silver (NYSE:SLV) – on buy signal. Silver is on a major buy signal. Speculation remains near all time high. Summary Silver is on a major buy signal. Short term is on buy signal. As...

After rocketing higher mid-year, silver has spent most of the third quarter drifting sideways to lower. This has naturally weighed on sentiment, with investors and speculators alike growing more...

The trading month doesn’t always end on a Friday but when it does we like to take a look at the monthly charts. Generally, I prefer daily and weekly charts because they have more data points....