Commodities Analysis & Opinion

Here we are at the halfway point of the year, less than two months away from the Rio 2016 Olympic Games. As a group, commodities are the top performing asset class, beating domestic equities, the U.S....

WTI crude oil has surged 80% from a low of $26.19 in January. The rise was mainly fueled by one-off events such as the wildfires in Canada and attacks on oil production sites in Nigeria, which led to...

Crude Oil bounced back after the successive slides due to the market sentiments caused by the U.S. job data, however, the gains could be limited as the market weighs in the recent economic volatility....

Grain Reports Today and TomorrowToday we have weekly Export Inspections and Crop Progress. Tomorrow we have Wholesale Trade at 7:300 A.M. followed with Crop Production and USDA Supply/Demand at 11:00...

In the recent few weeks oil bulls and bears fought battles between the barrier of $50 (the key resistance) and the green support zone based on the April and early May highs. After several unsuccessful...

Risk On and Risk OffRisk on, risk off and risk all over the place. Crude oil prices are falling even as stocks fly in the aftermath of that blockbuster monthly jobs report. While stocks seem happy...

In my previous silver article, I highlighted a very bullish pattern/fractal on the 100-year silver chart. It was a very big picture view of silver, which is really difficult to perceive within our...

Crude oil support and resistance for the weekOriginal post

Last week, gold extended it gains and continued to hike consistently higher amid further disappointments in the US fundamental result releases. The week saw not only contractions in the US Core...

Oil has broken out of the descending triangle formation and may be heading lower. Original post

Spot aluminum prices on the European market traded slightly lower last week as worries over Brexit and its impact on future demand influenced buyers. Wrote Donald Levit of Economic Calendar:...

The long-term outlook for silver is very positive indeed, but over the short to medium-term it looks set to react.On its short-term 3-month chart we can see that, after rising sharply late last month,...

Over the longer-term the prospects for both gold and silver are very bright indeed, because of the inexorable global trend towards hyperinflation, driven by the stark reality that there is now no way...

While I’m expecting some kind of pullback at the $1390-$1400 level, I don’t think gold’s intermediate cycle will top until at least retracing the 50% Fibonacci level, and probably...