Commodities Analysis & Opinion

Oil is standing still, beneath a darkened sky, gas is standing still, with the scenery flying by. Just standing still out of the corner of my eye, was that car passing me by just standing...

As it turned out, the US Dollar index didn’t reverse yesterday. Instead, it declined further and reached the 92.50 level, while gold responded with a rally as a result. And...

The National Hurricane Center update as of Wednesday at 1:00 P.M. CDT has Disturbance 1 chance to form a hurricane are almost 0% in the next 48 hours and possibly 20% in five-days. It is expected to...

For four months, the oil market has essentially stood still, waiting for news about whether the coronavirus is going to get better or worse, whether government lockdowns will end or become more...

Oil markets were long and wrongOIl markets fell to earth overnight, with both Brent crude and WTI suffering heavy losses after the official US crude inventory data. Although crude inventories fell as...

WTI Crude tests support at 4020/4000. If we continue lower look for a retest of last week’s low at 3960/40. A break below here is a sell signal targeting 3890/80.Bulls need prices back above...

The last time the front-month contract in U.S. natural gas hit $3 was almost two years ago. With the ceiling broken again on Wednesday, the market seems to be bracing for more cold later this...

Following several failed attempts, gold looked set to break and (hopefully this time) hold above that long-term and pivotal level of $1920/1.In this video, I have provided my latest thoughts on gold,...

  Oil is stuck in a rut and has the same odds to break out as we have with the House Speaker Nancy Pelosi and Treasury Secretary Munichin making a covid relief agreement today.   After...

On the Corn front the grain complex is on a present pace not normally seen this late in October and or harvest season. Speaking of harvest, which is above schedule, crop ratings have remained...

The current precious metals market movements may seem boring (and to be honest, they actually are, observed from a short-term perspective). However, there are some important and rather interesting...

Having lurked under the imposing cover of Big Brother gold for what seemed like an eternity, silver emerged from gold's shadows and into the limelight in July as prices of both precious metals hit...

Oil Recovers On Stimulus HopesOil prices recovered overnight, boosted by OPEC+’s JMMC holding its nerve on production cuts, and rising expectations that a US stimulus deal will occur. The...

Gold longs hit 1913/15 for some profit-taking with key 6 week trend line resistance at 1917/19. I think we will break higher. A break above 1923 should be enough confirmation of a medium-term buy...