Commodities Analysis & Opinion

Yes, Copper has been a disastrous commodity, largely because it is closely linked to the health of the Chinese economy.Let's notice on the enclosed daily chart that Copper has been in a period of...

Bottom line: Unless and until Oil breaks below $43.00—the September 1 low—my medium-term pattern and momentum work argue that all of the action off of the June high at $51.67 represents a...

October Crude Oil grinded higher in choppy trading on Wednesday, September 7, 2016, as traders continued to buy into the freeze headlines from OPEC and Russia. Traders were also not eager to sell in...

October Crude Oil spiked higher to 46.53 during the Labor Day holiday as Russia and Saudi Arabia announced they were going to meet and discuss stabilizing the crude oil market. The meeting was a dud...

Tuesday’s oil market has proven, once again, that OPEC can play the speculation game too.Last week, the price of oil was slowly climbing back up to $50 a barrel, apparently based on reports that...

Thursday, August 18, 2016 was rollover day for crude oil. Traders are now looking at the October contract as the front contract to trade as the September Contract nears its expiration date.The last...

In an oil market easily impacted by speculation, data on oil exports and imports can easily cause the price of oil to fluctuate. Approximately 63% of the world’s crude oil is transported by sea;...

The usual OPEC suspects—Venezuela, Ecuador, and Kuwait—are pushing for a revival of the oil production freeze talks that took place last April in Doha, Qatar. As usual, any time someone in...

Today’s upside reversal action comes on the heels of a bearish Inventory Report, and from a new low in the vicinity of important, intermediate-term support at $38.90, which represents the 50%...

I've just just returned from a conference in Wyoming, a state known for both energy and bears. The two are converging in the oil market as well.The price of crude oil fell below $40 a barrel...

Everything is now aligned for the final upward impulse to complete Phase I of the great bull market in the PM stocks. All the technical work is now done. The backing and filling complete. The final...

Key Points: Descending triangle pattern is nearing completion. Strong EMA evidence for a breakout to the downside. FOMC meeting is worth keeping in mind this week. Silver has been enjoying a stint of...

September crude oil continued to grind lower on Monday, July 25, 2016, trading down to 42.97 a level not seen since April. Continued worries about the buildup of gasoline supplies during a period...

The prices of the metals were down again this week, -$15 in gold and more substantially -$0.57 in silver.Stories continued to circulate this week, hitting even the mainstream media. Apparently gold is...