Commodities Analysis & Opinion

Crude oil has a nice bullish structure on a daily chart where we labeled recent pullback down as wave four of a five wave rise from 26.00. We are quite confident that new highs will be seen very soon,...

This week, PeakProsperity.com's own precious metals analyst, Dave Pare, sits down to the microphone.Better known on the site as davefairtex, he joins Chris to discuss his current outlook for gold and...

Copper prices rose in July on expectations that policymakers’ efforts to spur economic growth will increase demand for the metal.Expectation of a new round of infrastructure spending in China is...

WTI crude oil's key to direction is 4470/90 and we have bounced to 4437 as I write. Holding below 4470 today is a sell signal despite oversold conditions and targets 4405/4395 then 4340/30, perhaps as...

Stocks rested mostly this past week along with markets who continue to setup for another round of higher prices as summer rolls along at a typical fast pace.Metals didn’t do too much either this...

The expression “like sending coals to Newcastle” can be traced back to the 17th century, reflecting the insight that whatever else Newcastle needed in those days did not include coal. This...

As we glide through these (one might say "hardly") "...lazy hazy crazy days of summer..."--(Nat King Cole, 1963), indeed now just a week ahead of those dog days of August, ours is titled as a...

This article aims to provide price forecasts for commodity futures for July 29, 2016. The tables below show the weekly commodity futures prices in US dollars over the period from June 24, 2016 to July...

Gold versus Swiss FrancMany people think that Switzerland is related to gold due to its inflation-hedging safe-haven status. Historically this is true. With rising U.S. inflation in the 1970s gold...

Two weeks ago we noted that should rain accompany the heat dome that entered the Midwest that it would signify a classic “buy the rumor sell the fact” in both corns and beans. That is...

The soybean price had a cracker of a run recently and is now consolidating. Once this corrective phase is over I expect price to soar once more to even greater heights.Let’s review the...

While there is a direct relationship between the steepness of contango in the oil futures curve and the amount of crude siphoned from the market to storage, it is not an immediate one. When crude...

Since the Industrial Revolution, coal has been our nation’s dominant power source. But that’s all about to change... This week’s chart looks at the amount of power produced by coal...

Silver’s young bull market got off to a typically-slow start, lagging gold’s own new bull. But recently the white metal surged to catch up in a record summer rally. That left silver very...