Commodities Analysis & Opinion

Good Morning!This morning’s reports are the EIA Gas Storage at 9:30, EIA Energy Stocks at 10:00 and Dairy Product Sales at 2:00 P.M. In the overnight electronic session, the March corn is...

Oil prices are out of whack. The futures price of crude oil expired lower than the physical cash market as the futures are being delivered in to a historically oversupplied market. The ugly February...

Crude Oil: With downside pressure extended on Wednesday, crude oil faces continued downside pressure. On the downside, support resides at the 28.00 level where a break will expose the 27.00 level. A...

The bullishness continued on gold and the metal trades above 1100.00 –Fibonacci of 38.2%- which is a positive factor. We are still targeting 1111.00 and 1118.00, which stopped yesterday’s...

Non-stop bearish pressures continued on oil-March settlement- and we see chances for resuming the bearishness today, supported by negative signs on ADX and moving averages. RSI shows oversold sign,...

Neither palladium or platinum had a good start of the year. Within the first three weeks, palladium prices have fallen 17%, hitting a new five-year low. Palladium hits a five-year low. Source:...

HIGH: 1869.25 LOW: 1804.25 LAST: 1859.00 DOWN 14 Handles TOTAL VOLUME: 3.8mil ESH, and 11k SPH traded in the pit. MOC: BUY $270-350million FOR TOMORROW:Jobless Claims, Philadelphia Fed Business...

It seems that the auto loan bubble has already peaked. What does it mean for the U.S. economy and the gold market?In 2015, over 17 million new vehicles were sold in the U.S., the highest number in...

Gold continues to trade out of its post rate hike low – akin to the taper low in December 2014. Our view has been that while they both represent similar market reactions, the broader reflection...

The February WTI contract expired today, does this constitute a bottom in the oil market?Below you find the video...

Oil TantrumWhen fears become reality. Oil prices are being driven lower by fear and that fear is becoming a self-fulfilling prophecy when we talk about economic growth. The International Energy Agency...

Headwinds currently facing the potential for major world economies to prosper in 2016 and 2017 like lifted interest rates in the United States, the sticky equities situation in China and the crashing...

Good Morning!The plunge in the global markets continue as we follow Asia’s lead. This morning we have economic data released at 7:30 A.M. with CPI, Housing Starts and Real Earnings followed by...

Platinum fell in price much more than goldPlatinum has become 35% cheaper in the last 12 months while gold lost only 15%. The gold could have found support in its purchases by central banks all over...