Commodities Analysis & Opinion

Since the lows in March 2020, the stock market has made a huge rally and has broken to new highs in all the major indices. Trillions of dollars have been spent to keep the economy in a strong...

Don’t plug those electric cars in! In Texas they’re taking over your smart thermostats to lower the temperature in your house and in California they’re begging you to stop charging...

The Fed has pumped so much money into the financial system, that the latter started sending it back. How will this and Fed’s more hawkish tone impact gold?With Jerome Powell, Chairman of the...

Demand and supply equations always remain the main factor responsible for a change in the price trend of natural gas. Changing weather conditions also play an important role in defining the direction...

Oil pauses for breathOil prices probed the upside overnight but retreated to finish almost unchanged in New York. Brent crude fell by 0.12% to USD73.75 a barrel, and WTI was unchanged at USD73.05 a...

Copper prices have been marginally up from the recent low of $9013 registered on June 21. At time of writing, prices were hovering around $9341, though still sharply lower from the recent high of...

Lumber has given up nearly all of its 95% gain from earlier in the year after US builders snuffed the rally in the home construction commodity by simply choking activity.Since reaching an all-time...

There are seven inputs to my Gold True Fundamentals Model (GTFM), one of which is an indicator of US credit spreads (a credit spread is the difference between the yield on a relatively high-risk bond...

In our last update, we noted that the 1850 level that coincided with the upper boundary of the downtrend channel had been broken and successfully back tested and that it appeared that the powerful...

The recent Fed’s hawkish turn is fundamentally negative for gold prices but there is still some hope.The hawkish counter-revolution within the Fed continues. On Friday, St. Louis Fed President...

Crude oil prices started the first day of official summer with an impressive breaking out to the upside as the market started to realize the unlikelihood of the return of unsanctioned Iranian...

Oil extends rallyOil prices rallied powerfully once again yesterday, as the election of a new hard-line president in Iran reduced the possibility of a nuclear agreement and Iranian sanctions would...

US – Iran Talks StallNegotiations for the nuclear deal took a pause on Sunday after hardline judge Ebrahim Raisi won Iran’s presidential election. Two diplomats said they expected a break...

Prices of cocoa are down almost 9% on the year while futures of frozen concentrated orange juice are trading about 4% lower.Just don’t expect that bar of Kitkat or cup of hot chocolate at...