Commodities Analysis & Opinion

Last week the downtrend on the crude oil market was broken, and crude prices went up. The prices of WTI rose 4% and reached $42.7/bbl. On August, 8, the price of WTI reached its weekly high of...

After a gap of 30 years, the London Metal Exchange is, in collaboration with the World Gold Council, getting back into precious metals. Not just because it sees an opportunity, but because the...

China cut 13 million metric tons of excess crude steel capacity in the first half of the year, less than a third of its annual target.China’s vice industry minister said in July that the country...

However, it appears unclear as to who will reap the benefits.The story begins with the U.S. Grain-Oriented Electric Steel (GOES) trade case that resulted in no duties applied to imported products to...

Copper continues to struggle as demand for the metal wanes, most notably in its top consumer market, China.BMI Research analysts noted that copper inventories indicate a significant lack of demand in...

After one of the most exhausting and traumatic bear markets in junior mining history the 2016 rebound has been quick and powerful. We are witnessing a massive uptrend that has rarely seen pullbacks....

In an oil market easily impacted by speculation, data on oil exports and imports can easily cause the price of oil to fluctuate. Approximately 63% of the world’s crude oil is transported by sea;...

Having hit a target, silver has formed what is believed to be an intermediate top over the past five weeks or so, which it should soon start to descend from, says technical analyst Clive Maund. On...

Gold: Gold has bounced off very well off support at 1335. It has gapped up over a percent in early trade. The moving averages are right at the base of the candle. It looks like Gold only wants to go...

As we forecasted in our June 21st article, few days before the UK referendum, “Shall the UK decided to exit the EU, we expect a fall in price by at least 15%,…” and here we are as...

The general view on gold remains the same with the uptrend coming to its end and with a deeper correction on the table. Recent developments suggest that this 5th wave up is an ED and it is probable...

Is The Bottom For Oil Finally In?If you have been reading my commentaries, you are already aware that I live in Houston, Texas, which is the energy capital of the world. While the Houston economy has...

Gold-price bulls and bears may all be getting a bit frustrated now, as gold refuses to follow their predicted paths, and simply meanders sideways. This is the daily gold chart. Gold is well-supported...

After the slump in almost five years, coal futures made a recent and significant comeback in the market amid the effort of the emerging economies to lessen the dependence on the commodity.In the U.S.,...