Commodities Analysis & Opinion

On March 25-26 the monitoring committee for the OPEC-non-OPEC oil production agreement will meet in Kuwait. This meeting comes amidst recent volatility and a drop in oil prices to below $50/barrel for...

Originally published by AxiTraderCOCOA - It has been able to take out some decent resistance levels in the past two trading weeks, but the downtrend remains intact overall. It would need a clear break...

Despite an early sell-off in Asia trading, crude has rallied to rest almost unchanged on the day.All said crude has held up reasonably well as the week starts, following Friday’s Baker Hughes...

Originally published by AxiTraderKey TakeawayCFTC data released Friday revealed that accounts it classifies as large speculators fell 74,725 in the week to last Tuesday. That's a reduction of net long...

By Chaim Siegel of Elazar Advisors, LLCOn March 1st the US economy gave the Fed an inflation scare. That's when the Fed's favorite inflation measure, the PCE Price Index, reported a breakout...

Later today we will likely hear that the United States Federal Reserve will raise interest rates, perhaps more than was expected just a few weeks ago. What will this do to the price of oil, which is...

Originally published by AxiTraderOil fell to $47.07/10 last night when news broke that the Saudis had marginally increased production last month. It was exactly the type of information that neatly...

The question on the lips of everyone who plans to exchange his metal for dollars—widely thought to be money—is why did silver go down? The price of silver in dollar terms dropped from...

Originally published by AxiTraderKey Takeaway For the first time in a month big speculators reduced their net long in US WTI markets. That's the latest from the CFTC according to data it released on...

Originally published by AxiTraderKey TakeawayEarlier this week I wrote that gold was looking vulnerable. At $1234 this morning gold has now broken down and through technical support and the price...

On Sunday night, the Academy of Motion Picture Arts and Sciences made a blunder of spectacular proportions. Just past midnight (EST), as every viewer sat waiting for the final, perhaps most high...

Originally published by AxiTraderGold tried to break through the 200-day moving average two nights ago making a high around $1263 dollars. Since then however it has pulled back to $1245 as the US...

Originally published by AxiTraderCOCOA remains in a strong downtrend and the technical outlook is bearish. It bounced slightly last week, but the topside was capped at the 21 DMA. Cocoa's failure to...

Originally published by AxiTraderKey TakeawayGold is up 12% since the low last December. At the same time the S&P 500 is up a little less than 5%. Viewed from a rational lens, in a world where...