Commodities Analysis & Opinion

In January’s WASDE report, wheat and soybean ending stocks projections were revised higher on higher expected output. Projected corn ending stocks were revised lower on higher projected...

In this Weekend Report I would like to show you some charts for silver which shows a bullish and bearish scenario. As we are at an inflection point we need to monitor both sides of the precious metals...

Nine trading days into the new year Gold is truly getting a bid as we commence straightaway with this chart of daily price bars since August of last year. The key measure to observe is the rising blue...

In both gold and silver, the New Year brings technical readings as oversold as those seen in the 1980-1982 bear market. Some technicians claim that they have never seen such oversold conditions in the...

Gold prices rallied after the big miss in US Non-Farm Payroll was announced. Immediate reaction would be to assume that this rally occurred because of easing of stimulus concerns (read: lower...

2013 was one of the worst years for gold in a generation and the strangest part of it is that this loss came during a time in what should have been a banner year for gold.When the Fed launched its QE1...

WTI Crude broke the 200 week moving average support at 9240 to hit our next support at 9135/25 and bottomed exactly here as predicted. Any longs purchased here worked perfectly as we shot back to the...

Gold held support at 1223/22 and immediate resistance at 1232/33 throughout the session and trading these levels worked well. This morning we are trying a break of resistance at 1232/33 and above 1236...

Here is some very cogent rationale for owning gold and silver. None pertain to the ever-ending reasons that demonstrate great demand. Everyone has been hearing about them in a steady stream for the...

Much has been written about gold but fewer talk about silver. Silver has been displaying similar technical patterns as gold. And like gold there remains constant bearish chatter that silver prices...

Despite its miserable 2013, latent investor interest in silver remains strong. This manifested in robust worldwide demand for physical silver driven by its lower prices. The hidden strength in silver...

Gold popped to retest Monday’s three-week high at 1248.40, boosted by a terribly nonfarm payrolls print. The economy added just 74,000 new jobs in December, well below market expectations that...

Gold hit 1236 target and most traders would have covered position. However as yet there is still no reason why Gold cannot continue to trade higher. Obviously we have the 1239 to overcome but we are...

The higher degree Elliott Wave labelling has identified three wave upward rally from the level of 77.27 to the level of 112.21. This structure had been labeled as wave A green of the overall bullish...