Commodities Analysis & Opinion

A quick review of the fundamental year over year oil data is the US is producing approximately 723,800 barrels less oil per day than last year.The total active oil rigs in the US and Alaska is down by...

Bullish flag on goldOriginal post

Gold price has reached the short-term resistance levels by the Ichimoku cloud and this is the first important test for bulls.A breakout above the cloud and specially above the $1,350 resistance will...

Price doesn`t equate with a market being in balance, and seasonality has a drawing and a building season in the oil market. A market being in balance means supplies are stagnant not going up or down....

The Federal Reserve Report, 4 September, 2016Why is this issue of the Report entitled the Federal Reserve Report? We chose this headline because the Fed is apparently now the driver of supply and...

Gold: With the commodity rejecting higher prices the past week, a move higher on correction is envisaged. On the downside, support comes in at the 1,310.00 level where a break will turn attention to...

The article aims to provide price forecasts for commodity futures for September 9, 2016. The tables below show the weekly commodity futures prices in US dollars over the period from August 5, 2016 to...

North of the equator, we've but 19 days left of summer, the year speeding past: 'tis already September! And, oh, what a year for the precious metals' performances which -- as measured over the past...

This past Thursday’s ISM report was Thing 1 in improving the backdrop for gold. But it was a small Thing.Friday’s August payrolls report was Thing 2, and it was a better Thing. Gold, and...

We are back to ride the bulls as planned in our Aug 4th article, as a reversal candle, a hammer, closed on last week’s Thursday. The dismal NFP figure and failed expectation of the US...

Wheat’s collapse in the last two weeks to new ten year lows comes on abundant supply amid lack of consistent demand. This is nothing new for market participants as optimal weather and growing...

December Gold settles 1326.7 up .80 cents for the week of August 29th through September 2nd, 2016Gold ended its liquidation theme on Friday to finish the week higher by the slimmest of margins. The...

Time to revisit the “play toy of the funds”, aka, silver.On Thursday of this past week, silver managed to claw its way back above its downtrending 10 day moving average, a positive sign....

On this quiet holiday weekend, I’m just going to share charts which have these characteristics: (1) I am not in position on any of them; (2) they look like attractive short set-ups; (3) they are...