Commodities Analysis & Opinion

Obvious entry point on trendline touch that coincides with the 50% retracement of the summer run-up.Original post

Last month, Business Insider ran a piece saying “Recent movements in copper inventories highlight the lack of significant demand for the metal, particularly in the ever-important Chinese...

At the end of August, the US Energy Information Administration reported that it had been overstating domestic demand for oil and energy products to a considerable degree. Using imprecise and lagging...

October Crude Oil tested support at the 50 DMA (44.87) during the early morning for trade on Tuesday, September 13 2016, trading down to 44.98. It then made an attempt to rally back to the overnight...

By Clint Siegner, Money Metals ExchangeA small handful of outfits in our industry recently sprang up and started heavily promoting a so-called “self-storage” or “LLC” IRA. The...

In the aftermath of Monday's upside reversal, the EIA issued a negative report about oil demand, which put some hurt on the price of W&T Offshore (NYSE:WTI) reversing Monday's strength and...

Good things come to those who wait, because patience is a virtue.Over the past few days, various Fed presidents and governors have made both hawkish and dovish statements. The US stock market and gold...

Many grain-oriented electrical steel market participants know that macroeconomic drivers and general steel price trends often diverge from GOES trends.Comments from the most recent Steel Market Update...

The good news spillover to the markets did not last long. The Stocks are getting crushed early, U.S. dollar is trading higher, Crude Oil is down significantly even with the recent disruptions in the...

Oh that “wobbling Asian demand.” That is the main reason the International Energy Agency (IEA) lowered their oil demand forecast by 100,000 barrels a day and lowered the boom on energy...

Yesterday was, once again, another negative day for silver, which continued lower for a fourth consecutive session, opening gapped down from Friday’s close before ending at $19.00 per...

XAU/USD DailyThe price has been trading in a consolidation range since July and is coming closer to a resolution. I am looking for a long entry, but there are two possible ways to approach this...

This morning’s IEA supply report has suggested demand would remains weak into 2017, and with a downward revision to its demand forecast, this has added a bearish tone to oil prices once again....