Commodities Analysis & Opinion

Our Rare Earths MMI held steady, or flat, depending on how you look at it, at 17 this month, an example of how stagnant prices have been in a low range this year.The low price of rare earths did not...

Our Renewables MMI was flat again this month, another sign of stagnant prices and renewable power generation markets that are simply not maturing very fast.Perhaps it’s a sign of just how tepid...

GoldAs suggested yesterday, gold bounced of 1355. Gold looks strong and is in an upward trend. The moving averages have caught up and it looks ready to break 1400. The important Nonfarm Payrolls data...

We remain bullish on gold and silver. We remain bullish on Brazil bonds and Indian stocks for the long term. We are aware that the Brazilian government is unhappy that their currency has risen so...

Last week the downtrend on the crude oil market was continuing. The prices of WTI futures dropped 5% to $39.69/bbl. On July, 21, the price of WTI was remaining at its weekly high, but in early August...

September crude oil continued its short covering rally on Thursday after a test of the 200 DMA (40.77) failed. Crude oil made an attempt to get back below the daily 200 DMA early Thursday morning as...

As the Federal Reserve remains indecisive on the next rate hike, precious metals traded mixed for the past sessions. Gold futures soared at the start of the week but it eased as the central banks...

Good Morning!This morning we have a lot on our plate with Export Sales, Initial Jobless Claims at 7:30 Factory Orders at 9:00 EIA Gas Storage at 9:30 and Dairy Products at 2:00 P.M. And tomorrow we...

Crude oil has completed the minimum requirements for a megaphone bottom (red) on its blue price channel. It could continue to megaphone to a retest of its pink flat-bottomed megaphone neckline or a...

Our risk free trade was stopped out at $1,270 on the 21st of June before a re-entry at $1250 as gold behaved as we expected in our June 16th article. In the midst of Britain deciding to leave the...

Gold needs to break out of its blue H&S right shoulder rising megaphone right now or it's going for another new high. Gold has completed a perfect H&S top on its blue rising megaphone right...

The general view on gold remains the same, with the uptrend coming to its end and with a deeper correction on the table. However, recent developments suggest that this 5th wave up is an ED and it is...

Those that view the message of the market on daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to...

Close but No Cigar!Oil prices tried to bottom after the Energy Information Administration but missed a key turnaround point by just a bit. As I told MarketWatch yesterday that, “market momentum...