Commodities Analysis & Opinion

Silver prices in Japan, India and the US all rose over the past month, as did gold prices in the same regions. Silver and gold prices in China, however, fell ever so slightly. These inputs, as well as...

MetalMiner’s basket of industrial metals used by the auto industry, the monthly Automotive MMI®, registered a value of 85 in June, a decrease of 2.3% from 87 in May. As the chart shows, this...

CLCrude oil futures plunged on Thursday extending its losses as energy traders await Friday's critical OPEC meeting in Vienna for further indications on supply levels in the global markets. When OPEC...

If you think about it, farming and technology have always been joined at the hip.In a bygone era, agriculture advanced on the back of inventions like the cotton gin, the reaper, and the...

A quartet of commodities have all seen identical price action on the day, and are now approaching key levels as a result. For gold bearish momentum is now accelerating as we approach the $1175 per...

More of the black stuff It's one day to go to the crunch Opec meeting on Friday, and the news coming out of the pre-summit international seminar in Vienna indicates more – and not less –...

Saudi Arabia is poised that their policy has worked in damaging the US Shale oil and it is highly likely that the biggest producer among its peers, will keep the output unchanged, if not increased. It...

Crude Oil turned sharply up since Friday and it broke above the downward channel so it appears that energy accomplished a three wave set-back from latest highs. This is a corrective structure so...

Monday’s crop progress report put beans planted at 71% versus the 10 year average of 74%. Even with all of the rain, we are still at a fast pace, which has traders talking of 1-2 million more...

CLCrude futures plunged on Wednesday reversing it after data showed that oil supplies in the U.S. fell for the fifth consecutive week last week. The U.S. Energy Information Administration said in its...

Crude oil hits a six-month highA barrel of crude oil for July delivery closed at the highest mark of the year yesterday. An anticipated decline in U.S. inventories, combined with a nosediving...

Gold is in jeopardy. Losing $1180 for a third time would increase the risk tremendously that gold is going to drop to the next support zone, around $1050.

Gold – Thursday, June 4th, 2015 In the last 24 hours or so, gold has fallen sharply back through $1190; however, it has yet again received solid support from $1180, which has held it up now for...

Silver: Rally to 17.77 completed wave W, and short term Elliott Wave view suggests wave X pullback is unfolding in the form of a double correction ((w))-((x))-((y)) where wave ((w)) ended at 16.565,...