Commodities Analysis & Opinion

Last week, I noted that we still likely have lower levels to strike in this complex, but that I expect the market to set up a bottom very soon. I still maintain that expectation as I write this.In my...

Goldman Sachs (NYSE:GS) is bullish on aluminum, projecting it to rise following China’s supply-side reforms.According to a recent report from CNBC, Goldman expects aluminum prices to hit the...

Proposals based on environmental grounds to limit polluting industries in the greater Beijing area during next winter’s primary heating period (November to March) gave a boost to the aluminum...

The Rift Between OPEC And U.S Fluctuates Oil Levels, Eyes on U.S InventoriesFundamentals: The conflict between OPEC and U.S with opposed interest seeking high and lower oil prices becomes clearer as...

When oil futures dropped 5% last Thursday, analysts were quick to blame OPEC for production cuts that have, over the past four months, failed to resolve the oil glut. But the real culprits are as...

Key Points: WTI benchmark prices remain under pressure around $46.11 a barrel. Nigerian production likely to expand with refinery investment. OPEC needs to determine an effective strategy lest oil...

There has been a big disconnect recently between the S&P 500 futures (ESM17:CME) and crude oil futures (CLM:NYM). While the (ESM17:CME), (YMM17:CBT) and the (NQM17:CME) raced to new highs last...

Based on Time and Price action I am seeing, I am expecting the next Intermediate Cycle Low (ICL) for gold and the PMs either in mid-May (this week or next?) or it could move into mid-June. Why the one...

Emmanuel Macron won the French presidential election. What does it mean for the gold market?On Sunday, Emmanuel Macron won the runoff vote by a decisive margin. He got 66.10 percent of the votes,...

Gold has arrived at the $1220 support zone.Note the position of the Stochastics oscillator at the bottom of the chart. Significant rallies tend to begin from the current position.Since Indian dealer...

Whatever It TakesOil prices have regained stability after the massive washout last week. The selling drove oil to the point where we were either going back into a recession or at the very least at a...

Crop Progress and WeatherThis morning we start are day with Wholesale Trade report at 7:30 A.M and API Energy Socks later at 3:30 P.M. As we see more rain and cooler than average temperatures last...

Natural Gas has correctively been declining or remained range bound for some time now. This pattern is associated with the minor wave 2 which bottom within the next 4 weeks in the area of $2.80 -...

Gold and silver held steady following no surprises in the French Presidential election. June gold futures settled at 1227.1, up .20 cents on the day. While the dollar received a bounce higher and...