Commodities Analysis & Opinion

Gold is not only the world’s best-performing asset so far in 2016, but it is off to its strongest annual start since 1980. A key difference is that 1980 was the end of a bull market, while this...

Weather improves in West AfricaRains covered West African state of Côte d'Ivoire and cocoa crops may benefit from it. Côte d'Ivoire accounts for 35% of cocoa and another 24% are produced...

1.215 would be a nice entry level for gold. Original post

WTI crude traded above $40 for the first time since early December 2015, supported, in part, by a dovish Fed statement and headlines about the April meeting between OPEC/non-OPEC producers to freeze...

Gold has had quite a run higher. After a more than 2 year downtrend the shiny yellow rock found a bottom at 1050 in December and started higher. Since then it has had an almost parabolic rise topping...

The word that comes to mind to describe the price action on the daily WTI oil chart is ‘stately’ with crude oil continuing to move higher in a series of small rallies then punctuated with...

Gold SMA20 at 1240.00 has limited the bearishness, while RSI stopped edging lower below 50.00. Meanwhile, the inclines also have been limited below 1260.00-1261.00 resistances; thus, we can’t be...

Oil trades near 41.40, which is a very decisive level today. Moving above this level is a positive factor and would extend the bullishness, but we can see signs of weakness on ADX and RSI. Hence, we...

The cracks are beginning to show in China’s steel sector.Falling steel prices last year were matched more or less by falling input costs as iron ore and coking coal prices collapsed but, even...

Building owners and other construction project stakeholders should anticipate non-residential construction costs to increase 3% to 4% on average this year with most markets reporting robust activity...

Ever since oil cratered to $26/barrel on February 11th, prices have steadily inched higher. West Texas Intermediate has now climbed into the $40/barrel range. Not surprisingly, energy stocks have kept...

Mining analyst Stephan Bogner published an update on Nickel One Resources Inc. (TSX.V: NNN) today. Two weeks ago on March 8, Nickel One Resources Inc. announced to have started a phase-1 drilling...

April Gold settles 1254.3 for the week down $5.10 ended March 18, 2016Gold edged lower Friday and ended the week slightly lower as the dollar steadied after suffering significant losses following the...

Thursday saw wheat take a sharp 8 cent drop in the market suggesting a key reversal to technicians. But not so fast, let’s analyze it. Several things entered the market all at once. First, the...