Commodities Analysis & Opinion

Oil markets have been over-supplied since the beginning of 2014. The build-up of inventories has led to a sharp decline in oil prices from USD115 per barrel (/b) in mid-2014 to USD34 currently. But...

After U.S. silver production declined nearly 20% in September (y.o.y), this continued again in October. According to the USGS Silver Mineral Industry Survey, silver production in the U.S. fell to 84.6...

Weekly Large Trader COT Report: WTI Crude Oil CFTC COT data shows speculator’s pushed oil bets lower last week WTI Crude Oil Non-Commercial Positions: Futures market traders and large oil...

Weekly Large Trader COT Report: Gold Gold speculative positions bumped up last week to +26,560 contracts GOLD Non-Commercial Positions: Gold speculator and large futures traders raised their gold...

9.2 Million BarrelsThe latest EIA report shows the US Production rate steady and holding at the 9.2 million barrels per day. And although there have been some anecdotal reports out of Canada at the...

The markets infatuation with crude oil is fascinating. The media appear confused as to why oil is declining, like it is all so bizarre. As the world came out of a global recession, it was clear there...

Gold failed to touch 50% Fibonacci after reaching the first target at 1102.00, but we see how the declines have been limited above 1080.00 and above moving averages, which make the situation unclear...

Oil's support level prevented oil from achieving additional downside actions at 32.50 where prices slightly inclined. However, we see how the uptrend is limited below 127.2% Fibonacci, which keeps the...

Gather round, folks, dead-cat bounces for all! And this month’s Global Precious Metals MMI was no exception – after hitting yet another all-time low of 68 last month, the sub-index bounced...

Low copper prices have claimed another victim in the form of a once-profitable mining operation.Imperial Metals Corp. (TO:III) announced it will be laying off more than a third of its workforce...

Chinese Circuit Breaker to Halt Panic, Halted to Halt Panic: Yes, you read that headline correctly. Amazing scenes.This beauty from FT correspondent Patrick McGee popped up in my social media stream...

Natural Gas Prices Bottomed Everyone is trying to figure when the oil markets will bottom. Well lost in all the crazy action in markets globally is the nice resurgence off the bottom for natural gas...

For commodity currencies -- and commodities (except for gold) in general -- it’s been a torrid start to the year. The Canadian dollar is under severe pressure on oil's sharp decline and the...

Watch for bearish crossovers to occur on the MACD and PMO -- along with a lower low on the RSI -- to signal further weakness on oil. Otherwise, we may see an attempt by buyers to step in soon. If we...