Commodities Analysis & Opinion

The silver bulls have been patiently waiting, but now have been given their chance to charge, and charge they did. Silver was up over 3.5% on the weak US economic news, and has now broken out of the...

This chart of the day refocuses our attention back to Crude Oil prices. In a recent article, I discussed Oil's crash, extreme oversold levels and recent bottoming attempt.One of the most important...

CLCrude oil prices dropped in Asia on Thursday as strong production outlooks continued to dominate market views with few signs of a surge in demand. Crude oil dropped 0.58% to $60.15 a barrel....

Phillips 66 (NYSE:PSX) was spun off from ConocoPhillips (NYSE:COP) in 2012 and has done swimmingly since. That is until oil prices started to head lower in July 2014. Since then the stock moved lower,...

Gold for Thursday, May 14, 2015In the start of this new week, gold traded in a very narrow range right around $1190, being supported from the $1180 area; however, it has surged to a one month high...

Do you like the idea of buying low and selling higher? When it comes to something that's low in price, silver and Silvercorp Metals (NYSE:SVM) don’t have much to brag about in the past 4...

Globally there was a significant amount of data to be released featuring GDP readings from many Euro Zone nations, retail sales from China and the US and then EIA inventories later today. These...

WTI Crude first resistance at 483/484, but above here strong resistance at 491/492 is a selling opportunity again, with stops above 494. An unexpected break higher, however, then targets resistance at...

Wheat's first resistance at 483/484 but above here strong resistance at 491/492 is a selling opportunity again, with stops above 494. An unexpected break higher however then targets resistance at...

Soybeans first resistance at 964/965 could hold a move higher but above here a selling opportunity at 970/971. Shorts need stops above 975 today to target resistance at 979/980.Failure to beat first...

For Gold, same levels apply for today and above 1193 opens the door to a selling opportunity at 1198/99. Try shorts with stops above 1201. A break higher however targets strong resistance at 1205/06....

Corn's outlook negative and below 360/359 risks a retest of support at last week's low of 355/354. If this does not hold the downside this week look for 351/350 before a retest of contract lows at...

Gold makes people crazy. I will never understand why this shiny yellow rock has garnered so much excitement through the ages. It's not about scarcity, at least not anymore. We have plenty of mines and...

Around the world, copper producers have started looking to India as the provider of relief in an otherwise somewhat bleak copper market. The long-term forecast issued recently by the US-based research...