Commodities Analysis & Opinion

Hedge funds and other money managers raised their bets on higher Brent crude oil prices for a third week in a row as of December 3. The increase by 1,655 contracts was, however, the smallest increase...

It's time again for my weekly gasoline update based on data from the Energy Information Administration (EIA). Rounded to the penny, Regular and Premium were unchanged. Regular and Premium are down 52...

For the 3rd time in 2013 small speculators have moved to a net short position in gold futures (as of Tuesday December 3rd):The last time the ‘dumb money’ moved to a net short...

Copper miner Kazakhmys has made the choice “to sell its stake in Kazakhstan’s largest power station to Kazakhstan sovereign wealth fund Samruk-Kazyna in a deal worth $1.3 billion,”...

Hourly ChartGold prices rallied strongly yesterday, rebounding off the rising trendline that has been in play since the dip of 4th December. However, prices were unable to climb above the highs of...

Below, a weekly technical update, published at the beginning of each trading week in spreadsheet format to help you develop your trading game plan by identifying the short-, medium- and long-term...

Gold prices are going to remain "in flux" for the foreseeable future as global markets await the Federal Reserve's announcement of a cut to its quantitative easing program.Analysts believe the next...

Copper prices remained pretty flat from August through November. However, last month they started to weaken. The LME 3-month price of primary copper dropped 2.9 percent, from $7,240 to $7,029 per...

We are not a source for or fans of endless statistics, like the number of ounces purchased from one period over another, how many ounces are available at the Comex, how many ounces have been mined,...

Another week in which we have seen the NY sugar futures market close lower. By the way, it was the 7th consecutive week that it has done so (it began on Oct/25). The last time this occurred was in...

Signs that the US economy is improving and will eventually be able to manage without the US Federal Reserve's wall of money, continue to put pressure on precious metals both through futures and...

Gasoil overbought & just held support at 941/940. A break below 439 targets support at 936/935 which could hold the downside but longs need stops below 933. A buying opportunity at 100 day moving...

Brent Crude reached 111.50/60 for profit taking as predicted, then continued higher for a selling opportunity at 112.10/20 & topped almost exactly here at 112.06. Again we should struggle at this...

The release of the Non-Farms Payroll (NFP) number on Friday saw increased volatility, with the stronger than expected number and reduced unemployment rate initially seeing gold sell off sharply, as...