Commodities Analysis & Opinion

Gold and gold stocks have refused to correct for more than a few days at a time. Weakness is being bought and quickly. Gold has gained over $200/oz but not corrected by more than 6%. The miners...

As WTI continues to move higher, up 50% from the multi-decade low back in February, U.S. oil producers may be preparing to increase production and crash the market once again.FundamentalsThe survival...

Nearby oil has traversed its Feb.-Mar. bullish channel again to the upside off of Tuesday’s pullback-low at $35.96 into the $41-$42 area -- the upper-channel boundary zone.Notice that this new...

The above chart looks at gold over the past 18 years. We applied Fibonacci retracement levels to the lows in 1999 and the highs in 2011. Gold peaked in 2011 and declined to its 50% retracement level...

WTI Crude Oil - nearest target for upward movement is 43.20Rebound for WTI crude oil is in progress. After a new low on February 11 when price reached to 26.00, rebound occurred, and it lasts until...

Today, mining analyst Stephan Bogner from Rockstone Research published an Early Warning Report on Prima Diamond Corp. (TSX.V: PMD). One month ago on February 18, Prima Diamond Corp. announced the...

Drought in US plains may support wheatWheat prices were rising recently on cold weather forecast which could damage crops in US western wheat areas. Dry weather conditions expected in coming weeks in...

Negative interest rates brought negative moves. Global markets are in turmoil. Gold rallied from the dead after three years in the wilderness with its best start in more than 30 years. Gold is up 19...

Gold trades near 1260.00 and the contradiction between ADX and RSI persists, while the major positive outlook remains available with stable move above 1235.00 and above 1250.00. We prefer to stand...

Soybeans are trading substantially below the cost of production, and we just got a buy signal. The idea is that whenever a commodity is trading below the cost of production, less acreage will be...

Wheat has held strong support at 462/461 but outlook remains quite negative so longs need stops below 460. A break lower however targets only minor support at 457/356. If we continue lower look for...

Corn first support at 366/365 but below here targets good support at 363/362. This is the last line of defence for bulls today with a break lower to target 358. Strong resistance at 370 and only a...

Soybeans first resistance at 200dma at 905 of course. This remains a big challenge and bulls require a weekly close tonight above here to retain control into next week, then target 908 and 913/914...

From June 2014 until late January 2015, oil prices (WTI) fell about 60%. From June 2015 until late January 2016, oil prices (WTI) fell about 60%. The exact track each annual trading history took to...