Commodities Analysis & Opinion

Fundamentals WTI pulled lower on light Easter trading volume. The first week of each month brings high impact data to move the market. Traders will be looking at manufacturing, labour and inflation...

In 1980 Ronald Reagan spoke about the Misery Index. An economist had added the inflation rate to the unemployment rate, called it the Misery Index, and used it to indicate the social costs and...

Goldman Sachs (NYSE:GS) has been predicting gold's demise for the past few years. Back in July of 2015, Jeff Currie (Global Head of Commodities Research at the investment firm) went on record...

The weekly export sales report for beans showed 410 thousand metric tons were sold last week down 34 percent from the week prior. China was absent from the buyers list. New crop year after September...

Saving money for delayed gratification is better than spending money for an instantaneous thrill, but nothing beats making smart investments with your savings to see a multiplier effect. Many people...

Crude oil prices are finding some support on the possibility that the oil supply will start to tighten in the future. Not only is the market speculating that we will see OPEC and non-OPEC nations...

WTI Crude OilThe bullishness has stopped in Asian session by 40.00, which meets moving averages, while prices couldn’t stabilize above this level. In fact, trading below 40.35 -13% Fibonacci-...

A purposeful play on words, that title: gold's 1240-1280 resistance zone not being futile means that 'tis working, repelling price from successfully clearing above it. In other words, once resistance...

In many debates about energy costs we tend to lump crude oil and natural gas together.Indeed, they are pumped out of the ground in a similar way. They come from the same or similar regions and...

True enough as we projected in our February 28 article, oil price stabilized and climbed to as high as around $40.80 a barrel on March 18, as market was fueled with speculation that OPEC is going to...

Oil Production from Legacy Wells Becoming ProblematicOne of the major problems faced by oil producers in the US is the reduced access to capital. They need to be able to prospect, upgrade and drill...

GoldMain scenario:Gold is trading along a downtrend with target on 1208. Alternative scenario:An uptrend will start as soon as it rises above resistance level 1222, which will be followed by moving up...

Gold went down (as the muggles would measure it, in dollars). It dropped almost 40 bucks. Silver fell almost 60 cents. Since silver fell proportionally farther than gold, the gold-silver ratio went...

The sugar price has traded exactly as outlined in analysis titled, Sugar Technical Outlook, produced back in September 2015 and has seen price increase by just over 50%.That analysis outlined the...