Commodities Analysis & Opinion

By owning gold, investors are not necessarily hedging against a government default but ironically betting the Fed will increasingly misuse monetary policy to help the government avoid defaulting. That...

Gold stocks just closed at a new 2023 low. Not only that – miners declined more than gold while silver was strong. That’s a VERY bearish combo.Silver Joined the PartyLet’s jump right...

The global coffee market is segmented by product type (whole bean, ground coffee, instant coffee, coffee capsules and capsules); Distribution channel (in trade and out of trade); and Geography (North...

Palladium dropped last week to 3-year low of $1,415/oz  Autocatalyst metal hit by smaller supply deficit forecast, showing weaker demand Without demand pickup, charts indicate a likely drop to...

Gold traded mostly sideways for a week but I think this is a consolidation in a short-term bear trend & so the outlook remains negative. I think eventually we will head lower again. Silver made a high...

Classic economic indicators such as the Leading Economic Indicators (LEIs) and the yield curve are making a bulletproof case of a recession. Odds favor a recession hitting in the third quarter or...

Russia’s oil production cuts are not so clear cut. Russia’s announced 500.000 barrels a day production cut caused a surge in buying in Russian barrels and even motivated the Biden administration to...

Gold has lost more than 6.5% from its early February highs, correcting the November-January rally. Now it's time to decide on the next trend. The coming days should show whether we will see a new wave...

Choppy trading continues Oil remains choppy this week with Brent and WTI slipping around 1% in early trade on Tuesday, wiping out similar gains at the start of the week. There is undoubtedly more...

For the third month, oil has barely moved out of its wide range of $73-82 for WTI barrel and $78-88 for Brent. This is not a balance and equilibrium of supply and demand forces but a tug of war.This...

Trading of soybean futures, corn futures and wheat futures were closed on Monday for Presidents' Day. Yet, since last week, Soybean March-to-May futures look odd in their atypical upsurge across the...

At the beginning of February, the OPEC+ Joint Ministerial Monitoring Committee recommended no change to the bloc’s output quota. Group members seem to be pursuing a wait-and-see approach with much...

Choppy trade continues Oil prices are bouncing back a little after slipping throughout the last week from their recent highs. The optimism around China today may be responsible for the gains...

Gold slid to a seven-week low of 1,818 last Friday before closing narrowly back above the 1,835 support for the third consecutive day.The precious metal was trying to extend its minor gains above...