Commodities Analysis & Opinion

The US Energy Information Administration’s Monthly Energy review for the month of April confirms that the oil consumption factors are not very positive, while the supply factors are now more...

I have pointed out earlier, gold is forming a possible short-term top. It is on the verge of completing a bearish ‘Head and Shoulder’ pattern. The pattern is confirmed if gold closes below...

iShares Silver (NYSE:SLV) – on buy signal. As anticipated, silver is now on a major buy signal, ending the sell signal form 2011. Speculation once again is at levels of previous...

Currently skepticism toward the ongoing rally in the precious metals sector is rampant. A lot of it based on shamelessly presented analysis of the COT data. But the COT data analysts have been wrong...

Lumber, a leading indicator of domestic and global construction, implies future weakness not only US home construction but also the global economy. The general observation of mark down across the...

Weekly Large Trader COT Report: WTI Crude Oil CFTC COT data shows speculator’s nudged oil bets higher last week WTI Crude Oil Non-Commercial Positions: Futures market traders and large oil...

Poor US Advance GDP results of 0.5% q/q and a build in Unemployment Claims to 257K has gotten the Gold Bulls stirred up again. Unfortunately for them, the best they can hope for is the re-widening of...

As is always the case at these major turning points, the usual analysts are going to get it wrong again. The US dollar is finishing an intermediate cycle decline, not starting one.Stocks are dropping...

Brent crude price in euros is risingOil prices are rebounding from a multi-year low on prospects of global market rebalancing, while the EUR/USD is correcting upward after the European Central...

Gold is in the final phase of the baby bull rally. This is the stage that causes maximum pain for shorts that were unable to recognize that the bear market is over, or tried to sell short (I warned...

Global steel prices have rallied close to 40% since early March, which has led to the gap between aluminium and steel prices closing.The base metal and steel market is finding support in the...

The latest USDA report once again featured decreases to forecasts for 2015/16 world cotton production and consumption. California Cotton, while never king, has always been an important crop for the...

Gold inclined sharply, touching 1281.00 resistance, which stopped the previous bullish attempts. The bullishness is available today, supported by the positivity on ADX and RSI trading above 50.00. We...

Oil inclined strongly, approaching 161.8% at 46.90, which is a very strong resistance.A break above 46.90 will expose 48.00-48.10 and stability above 1.4550 is required to keep the bullishness...