Commodities Analysis & Opinion

Gold has suffered at the hands of the Fed recently as they talk up the prospect of a rate rise at the December meeting. The slide could be halted as the precious metal looks for support along the...

It's time again for our weekly gasoline update based on data from the Energy Information Administration (EIA). The price of Regular and Premium dropped less than a penny each. WTIC ended today at...

Last week, the Federal Reserve announced it would delay the interest rate liftoff yet again, but while everyone seems concerned about nominal rates—the federal funds rate, in this...

Saudi Downgrade and China PMIOil prices are selling off after a subpar manufacturing number out of China and reports that Saudi oil production hit a post-soviet high. Not even a downgrade of Saudi...

Oil prices are beginning to find a floor, with WTI closing just above US$46/barrel on Friday for a return of 3.5% on the week. Black gold has been moving within a range of $43 and $51 per barrel for...

Good Morning!In the overnight electronic session the December corn is currently trading at 380 which is 2 ¼ cents lower. The trading range has been 381 ¾ to 380 so far. The complex seems...

LONG TERM TREND BEARISHINTERMEDIATE TERM TREND BEARISHSHORT TERM TREND NEUTRALVERY SHORT TERM TREND BEARISHGold continues to trade lower following the “fake out” move out of the downtrend...

WTI crude may be able to push a little higher at the start of the week but gains look limited. 4675/85 is key resistance. A break above 4710, however, should target 4760/70. Watch for a high for the...

In a recent article Mike Shedlock (Mish) weighs in on the question of whether or not gold is money. Near the end of the article he concludes: “The only possible debate about whether or not gold...

Gold has reached 61.8% Fibonacci of CD leg at 1137.00 where it corrected slightly in the Asian session. We see contradiction between the bearish harmonic effects and the re-test of the previous broken...

Oil moved within a narrow range since the opening of the week after touching 50% Fibonacci on Friday, but couldn’t stabilize above it with a four-hour closing. Trading above 45.00 is positive,...

For Silver investors, as indeed for Gold bugs, it’s been a long hard road back as the metal continues to struggle to find any bullish momentum in the longer term, with each minor rally duly...

A recent Financial Times article made an interesting comparison between our current fall in commodity prices and falls following previous price peaks.The FT says that after commodity prices peaked in...

One week ago, we pointed to the then pending Federal Open Market Committee policy statement as a "non-event". Essentially 'twas, despite the buzz.And yet, au contraire, we ought be shaking in our...