Commodities Analysis & Opinion

Balancing ActOil prices are trying to stabilize as traders and oil companies try to predict when oil production will find equilibrium with demand. Here there is a wide degree of different thinking on...

Grains Trading in Frenzy ModeAfter the funds puked out of their heavy short positions in the US dollar versus the Brazilian real, weather patterns in the US and South America are having the grains...

Gold: The commodity continues to face downside pressure on correction. It was seen reversing its Monday gain at the time of this analysis. On the downside, support comes in at the 1,220.00 level where...

Silver Price Analysis 2016:During the previous silver bull market, interest rates and silver moved in the same direction. This makes sense, given the fact that silver and interest rates move together...

Today, mining analyst Stephan Bogner from Rockstone Research published an initiating coverage on Umbral Energy Corp. (CSE: UMB) as the company announced earlier today its plans to start exploring its...

The Prices of Gold and Silver Drift ApartAnother interesting week, in that the price of silver separated from the price of gold. The former went nowhere, while the latter gained over 4.5%. We get the...

The negativity appearing on ADX and RSI isn’t affirmed, while crude oil prices failed to stabilize below 42.47. Trading between SMA20 and SMA50 is neutral and a break above 43.40 will ease the...

Last week’s report from the CFTC’s Commitments of Traders shows that speculators ramped up net longs on silver to levels unseen since at least 2008. I call this “maximum...

A war over steel imports has broken out yet again between the world’s two largest producer nations: China and India.The Steel Authority of India Ltd. and JSW Steel & Essar Steel India filed...

Precious metals expert Michael Ballanger discusses effects of the Bank of Japan's actions on the U.S. dollar, silver and gold. Velocity of M2 Money Stock The "big story" circulating around the...

Sales were decent at 118 krb, with China lead at 30 krb, and Pakistan at 20 krb. Exports were shy of mediocre at 211 krb, and new crop sales were 21 krb. Using just sales to determine a new target, a...

Corn below 375 re-targets our buying opportunity at 369/368. Longs need stops below 365. A bounce from 369/368 re-targets resistance at 376/377, perhaps as far as another selling opportunity at...

Wheat first resistance at 473/474 but if we continue higher look for a test of minor resistance at 481/482. We then meet a selling opportunity at 486/487. Shorts need stops above 489. An unexpected...

Soybeans first support at 993/992 but below here targets minor support at 980/979. A break below 977 targets strong support at 968/967. Try longs with stops below 963. Failure to hold above 966...