Commodities Analysis & Opinion

The negativity appearing on ADX and RSI isn’t affirmed, while crude oil prices failed to stabilize below 42.47. Trading between SMA20 and SMA50 is neutral and a break above 43.40 will ease the...

Last week’s report from the CFTC’s Commitments of Traders shows that speculators ramped up net longs on silver to levels unseen since at least 2008. I call this “maximum...

I know that the fundamentals for aluminum look poor: Sluggish demand and too much capacity with little to no willingness for production shutdowns. That doesn’t really make for a price uptrend....

A war over steel imports has broken out yet again between the world’s two largest producer nations: China and India.The Steel Authority of India Ltd. and JSW Steel & Essar Steel India filed...

Precious metals expert Michael Ballanger discusses effects of the Bank of Japan's actions on the U.S. dollar, silver and gold. Velocity of M2 Money Stock The "big story" circulating around the...

Sales were decent at 118 krb, with China lead at 30 krb, and Pakistan at 20 krb. Exports were shy of mediocre at 211 krb, and new crop sales were 21 krb. Using just sales to determine a new target, a...

Wheat first resistance at 473/474 but if we continue higher look for a test of minor resistance at 481/482. We then meet a selling opportunity at 486/487. Shorts need stops above 489. An unexpected...

Soybeans first support at 993/992 but below here targets minor support at 980/979. A break below 977 targets strong support at 968/967. Try longs with stops below 963. Failure to hold above 966...

BRICS countries are large economies with large reserves of gold and an impressive volume of production and consumption of this precious metal. In China, the gold trade is conducted in Shanghai, in...

The usual suspects made a big deal out of evidence that the banks involved in the London “gold fix” had used the ‘fixing’ process to clip unwarranted profits. As I explained...

I've been following United States Oil (NYSE:USO) and crude oil's price very closely.And I think that crude is ready to drop -- another 5%-6% this week and, in the process, allow those who took the...

It was no fun investing in precious metals for most of 2011-2015, but the past few months have sure been a blast for buy-and-hold investors. Silver prices are 22.5% year to date, and gold isn’t...

US corn prices are making higher tops (B and D) and higher bottoms (A and C), after the impulsive move of AB i.e from $318 to $420.prices traded in a channel formation(C) whose low was $346. Prices...

Crude did test the breakout area ($34 - $33) as we projected in our March 28 article, though not in the form that we had expected. Price went to as low as to around $34.40 a barrel on April 5, before...