Commodities Analysis & Opinion

This week’s prize riddle in commodities will be figuring out when and where the freefall in gold ends.The other issue will be determining how quickly oil will get to $50 a barrel—and...

A lot of widely held beliefs associated with the financial markets and the economy are in conflict with the historical record and/or logic. One that I have addressed many times in the past (most...

Natural Gas futures on the NYMEX tried to bounce last week, closing 2.5% higher than a week ago at $2.85. EIA confirmed on Wednesday a withdrawal of 18 Bcf in working underground stocks for the week...

I wanted to offer some thoughts on Gold on this Thanksgiving weekend as Gold has reached a key price pivot and has seen sizable selling in recent weeks as the rest of the market continues to melt into...

Covid has a dramatic impact on productivity and business. As such, the burdens on governments and their budgets are enormous. The likelihood of a fiscal stimulus in U.S. to have fruitful effects to...

We are now proven wrong, (following last week's piece having been intently entitled Gold More Consolidative Than Corrective Before Next BOING Higher. And yet we "feel" as that Gold is as Bullish as...

On the corn front, a quick recap on Wednesday’s trade. The corn was lower due to declining open interest in the December contract, First Notice Day, and month end that had help the profit...

On analysis of the movements of Natural Gas futures, I find that after consolidation above $2.889 look ready for a breakout above $3.4 during the upcoming week. The weekly withdrawal looks...

It’s been some month for oil, with three vaccines and various assurances from OPEC+ triggering a 35% rebound just as prices were getting into dangerous territory. It seems some profit-taking is...

Natural gas made a big a-b-c corrective decline on the 4h time frame chart, and found a low at the 2.52 level, from where a new five-wave minor move started unfolding. This five-wave (impulsive) move,...

The last time I wrote a title like the above was on June 19th; and wouldn’t you know that the correction ended the very next trading day? The consolidation breakout on Monday, June 22 created...

Long Term Trend                           BullishIntermediate Term Trend             ...

Oil is developing a growth on Thursday morning, increasing more than 8% so far this week and adding one third from the lows at the beginning of the month.   Brent's growth momentum yesterday and...

Gold plunged to $1,800. What does this imply for the gold market?Whoa! Tuesday, Nov. 24 wasn’t too good for gold. The price of the yellow metal plunged then from $1,840 to $1,800. Actually,...