Commodities Analysis & Opinion

The U.S. domestic rice production has been slowly declining for many years: from 227.5 million hundredweight, or 100 pounds (0.05 t) (cwt) in 2020/21 crops to 191.8 in 2021/22 to a projected 164.3 cwt...

The nasty reversal from a few weeks back and the prospect of higher yields could weigh on Gold and Silver in the short term. Until the market starts to sniff out a recession and bond yields drop, Gold...

The oil market finished last week strongly, rallying by more than 2.2% on Friday. This move higher came as Russia announced that it would cut oil supply by 500Mbbls/d from March as a response to...

Biden administration’s timely action to shoot down some suspected Unidentified Flying Objects over the U.S. and Russia’s announcement of an oil-production cut by 500,000 barrels per day...

A lower-than-expected CPI reading can bring gold some love this Valentine Yearly CPI growth is tipped to be lower, but core and monthly numbers could be up Gold needs to make a clear break above...

Movements of the Gold Futures in the last two weeks indicate extreme weakness is likely to continue as Fed Chair Jerome Powell, along with other speakers, repeatedly mentions that interest rates will...

The natural gas futures market has been volatile following the announcement of weekly inventory data on Thursday.Despite a weekly withdrawal of 217 Bcf, which was higher than expected, the bulls have...

Stronger China buoys oilOil is heading for a strong week of gains, wiping out last week’s losses, as analysts continue to be encouraged by China’s transition to living with Covid. While...

Short-term bullish factors propped up coffee futures of both major blends on Tuesday, February 7. Still, traders and importers should be aware of the transitory nature of these factors, as the overall...

On Monday we warned that gold & silver had generated sell signals.Gold on Monday, we wrote: bearish engulfing candle on the daily chart & then the weekly chart suggested the 3-month rally in...

Gold stocks are pulling back from the overbought risk area, as anticipated. Let’s take a look at a rarity for me; a public article discussing a nominal technical situation rather than bopping...

Major moving averages and Fibonacci retracements are filling in to create significant support for Gold at $1800. If Gold holds this level over the next few months, it keeps the 2019 playbook alive. In...

The price of gold stopped just short of hitting $1,960 an ounce last Thursday, its highest level since April 2022, before plunging below $1,900 on Friday following a stronger-than-expected U.S. jobs...

$2 support is the last major defense line for gas longs; market is now around $2.40   US gas storage seen up 12% year-on-year, despite last week’s forecast draw If gas goes below $2,...