Commodities Analysis & Opinion

Precious metals prices fell sharply on renewed concerns the Federal Reserve will be raising interest rates sometime this fall. Friday’s jobs report painted a picture of healthy growth, fostering...

Crude has finally reversed higher to recover some of its recent losses, and is now showing clear evidence of a new Daily Cycle (DC) and Crude Oil Rally. There are early signs of a new Investor Cycle...

Qatar's energy minister, Mohammed bin Saleh al Sada and the president of the OPEC, confirmed that OPEC will have an informal meeting September 26-28 at the International Energy Forum in Algeria....

The broad market is very slow. There is not any market moving news this week. The Fed met last week and there was the nonfarm payroll report. If there was ever a time to be at the beach or the lake...

The usual OPEC suspects—Venezuela, Ecuador, and Kuwait—are pushing for a revival of the oil production freeze talks that took place last April in Doha, Qatar. As usual, any time someone in...

The monthly US employment reports have no relevance except for their influence on the Fed and market expectations regarding future Fed actions. The moderately strong employment data reported last...

The oil market on Monday continued the growth path that it was on after switching from a falling trend last week. On 8th August, Brent rose 1.7%, breaking the important $45 per barrel level and...

While demand for iron ore is up in China, the Philippines has shut down its only producer.Chinese Iron Ore Imports IncreaseOn July 19th, the iron ore benchmark for immediate delivery to China’s...

The U.S. Government is going to run a huge budget deficit going forward. Tax receipts are falling in correlation with economic activity and less foreigners are interested in buying new Treasury debt...

GoldGold had a very quiet day and it only had a range of $7 or 0.5%. This means it is digesting the move and we could see some capitulation here. It is right in front of support near 1335 and could...

When the bears become extremely vocal about the price of Oil moving lower, that is almost always a sign that a bottom is at hand. Retail traders become the most confident in direction when price is...

Gold is one of the rarest elements in the world, making up roughly 0.003 parts per million of the earth’s crust. (For some perspective, one part per million, when converted into time, is...

This Great Graphic from Bloomberg shows the September light sweet crude-oil futures contract since peaking in early June near $52.75. It reached a low last week of about $39.20. The turn last week...