President Trump Warns OPEC on “Artificially” Pricing Crude Oil

President Trump Warns OPEC on “Artificially” Pricing Crude Oil

President Trump Warns OPEC on “Artificially” Pricing Crude Oil $OIL, $USO Crude Oil retreats from highest marks in more than 3 years Friday, US President Donald Trump accused OPEC of “artificially” boosting Crude Oil prices after a year-plus pact that has cut global crude inventories, drawing rebukes from Oil-producing countries as prices dipped following his […]

Chicago Agriculture Commodities Finished Mixed

Chicago Agriculture Commodities Finished Mixed

Chicago Agriculture Commodities Finished Mixed $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture commodities finished mixed Thursday, with Wheat futures rising as diminishing prospects for rain in the southern US plains underpinned prices. Soybean futures fell as the market is pricing in more Soybean acres for the United States this Spring and Summer. The most […]

GOLD 1 OZ (XAU=X) Trending Upwards

GOLD 1 OZ (XAU=X) Trending Upwards

GOLD 1 OZ (XAU=X) Trending Upwards Overall, the bias in prices is: Upwards.   By the way, prices are vulnerable to a correction towards 1,322.98. The projected upper bound is: 1,371.26. The projected lower bound is: 1,317.28. The projected closing price is: 1,344.27. Candlesticks A black body occurred (because prices closed lower than they opened). […]

SILVER 1 OZ 999 NY (XAG=X) Upward Trend

SILVER 1 OZ 999 NY (XAG=X) Upward Trend

SILVER 1 OZ 999 NY (XAG=X) Upward Trend Overall, the bias in prices is: Upwards.   Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 17.70. The projected lower bound is: 16.76. The projected closing price is: 17.23. Candlesticks A black body occurred (because prices closed lower than they […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Safe-havens still in focus and holding. PE Brent Crude at 73.77, and WTI Crude Oil at 68.72 rose and looks Bullish to 75-76 and 70 respectively. Thereafter, see a dip medium term. Gold at 1351.90 is trying to move to 1370, but faces Key […]

Chicago Agriculture Commodities Finished Mixed

Chicago Agriculture Commodities Finished Mixed

Chicago Agriculture Commodities Finished Mixed $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture commodities finished mixed Wednesday with Soybean falling on profit-taking. The most active Corn contract for July delivery rose 2.5c, or 0.64% to settle at 3.9175 bu. July Wheat delivery went up 7.75c, or 1.61% to close at 4.8925 bu. July Soybean lost […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Safe-havens still in focus and holding. PE Brent Crude at 71.93, and WTI Crude Oil at 66.86 could spend some time consolidating below the major resistances of 74 and 68 respectively. Note: WTI Crude Oil could re-test at 68, and remain stable there. Gold […]

Chicago Agriculture Commodities Finished Mixed

Chicago Agriculture Commodities Finished Mixed

Chicago Agriculture Commodities Finished Mixed $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture commodities finished mixed Tuesday, with Corn futures falling despite a government report showed slow planting pace of US Corn. Wheat futures rose on bargain buying with additional support stemming from a US Department of Agriculture (USDA) report that showed wheat ratings […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Safe-havens still in focus and holding. PE Brent Crude at 71.66 is down from 74, seeing Brent Crude to 70 in here. WTI Crude Oil at 66.52 has come off from resistance near 68 while that sustains, a fall to 65-64 looks imminent. Gold […]

Chicago Agriculture Commodities Finished Lower

Chicago Agriculture Commodities Finished Lower

Chicago Agriculture Commodities Finished Lower $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture commodities finished lower Monday on massive sell-off triggered by improved weather conditions for Wheat and profit-taking. The most active Corn contract for May delivery fell 3.75c, or 0.97% to settle at 3.825 bu. May Wheat delivery went down 10.25c, or 2.17% to […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Safe-havens in focus but could fade some. PE Brent Crude at 71.93, and WTI Crude Oil at 66.84 have come off from highs near 73 and 67.5 respectively. Do not see geopolitical developments from last Friday having any real impact on energy markets this week. […]

Chicago Agriculture Commodities Finished Mixed on the Week

Chicago Agriculture Commodities Finished Mixed on the Week

Chicago Agriculture Commodities Finished Mixed on the Week $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture commodities finished mixed on the week ended 13 April, with the Soybean prices rising by double digits as a result of higher export sales. The most active Corn contract for May delivery fell 2.25c, or 0.58% weekly, to […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Safe-havens in focus but fading some. PE Brent Crude at 71.79, and WTI Crude Oil at 66.86 are down Friday. Looks like a stable retrace after the recent run. Overall 68 on WTI Crude Oil and 74 on Brent Crude to be tested, and […]

Chicago Agriculture Commodities Finished Mixed

Chicago Agriculture Commodities Finished Mixed

Chicago Agriculture Commodities Finished Mixed $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture commodities finished mixed Thursday with Soybean rising over better-than-expected export sales. The most active Corn contract for May delivery rose 1.75c, or 0.45% to settle at 3.8875 bu. May Wheat delivery went down 6.25c, or 1.28% to close at 4.81 bu. May […]

Metals Prices Set to Rally

Metals Prices Set to Rally

The inclusion of Russia’s aluminum giant RUSAL on the US sanctions list may significantly alter the metals market, threatening to break global supply chains and spark a deficit in the crucial industrial metal. Aluminum futures surged by nearly 10 percent in London after the US Treasury Department sanctioned RUSAL and its owner Oleg Deripaska Friday. […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Safe-havens back in focus. PE Note: Crude Oil prices surging during the past 2-sessions due to the US-Syria worries and it further boosted Black Gold prices as news of missile strikes on Saudi Arabia were announced.. Brent Crude at 72.39, and WTI Crude Oil […]

Chicago Agriculture Commodities Finished Lower

Chicago Agriculture Commodities Finished Lower

Chicago Agriculture Commodities Finished Lower $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture commodities finished lower Wednesday with Wheat and Soybean posting losses after consecutive gains in the past 4 sessions running. The most active Corn contract for May delivery fell 2.25c at 3.87 bu. May Wheat delivery went down 4.75c, or 0.97% to close […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Safe-havens still not quite out of focus. PE Brent Crude at 70.81 moved up to test 1st resistance near 71 as expected. WTI Crude Oil at 65.38 has some room on the Northside and looks Bullish to 67 before seeing a short dip. Notes: […]

Chicago Agriculture Commodities Finished Mixed 

Chicago Agriculture Commodities Finished Mixed 

Chicago Agriculture Commodities Finished Mixed $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture commodities finished mixed Tuesday with Soybean posting gains for the 4th session running on lowered crop estimates for Argentina and less US ending stocks. The most active Corn contract for May delivery fell 1.5c at 3.8925 bu. May Wheat delivery went […]

US China Trade War May Settle with Talks

US China Trade War May Settle with Talks

Beijing has requested dispute consultations with the United States at the World Trade Organization over US tariffs slapped on imports of Chinese steel and alumium products, according to a WTO document published Tuesday. China’s representative to the world trade body has requested “consultations” with Washington over its decision to impose “additional ad valorem rate of […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Safe-havens still not quite out of focus. PE Brent Crude at 68.99, tested 67 and bounced, if the rise continues, it may head back to 70-71 near term. WTI Crude Oil at 63.85 also bounced from suppor. It could move higher to 65. Near […]

Chicago Agriculture Commodities Finished Higher

Chicago Agriculture Commodities Finished Higher

Chicago Agriculture Commodities Finished Higher $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture commodities finished higher Monday with Wheat prices rising almost 4% on cold and snowy weather hit the US plains. The most active Corn contract for May delivery rose 2.25c, or 0.58% at 3.9075 bu. May Wheat delivery went up 18.5c, or […]

Investors Rotating Leadership from QE ‘Winners’ to QE ‘Losers’

Investors Rotating Leadership from QE ‘Winners’ to QE ‘Losers’

Investors Rotating Leadership form QE ‘Winners’ to QE ‘Losers’ $DIA, $SPY, $QQQ, $VXX Analysts are expecting investors will shift their holdings as the realization sinks in that the Fed is committed to raising interest rates until a major event compels the central bank to reverse course. That means investments that had strong gains during a […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Safe-havens still not quite out of focus. PE Brent Crude at 67.36 should come down to support at 66, then bounce back to 69. WTI Crude Oil at 62.25 is testing support here. If support at 62 holds, it could move up in the […]

Chicago Agriculture Commodities Finished Mixed at the Weekend

Chicago Agriculture Commodities Finished Mixed at the Weekend

Chicago Agriculture Commodities Finished Mixed at the Weekend $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture commodities finished mixed Friday, with Soybean futures rising, on precieved trade tensions between China and the United States. Wheat futures rallied with concerns about cold weather posing threat to winter Wheat in the drought-affected US Plains. Corn futures fell […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Safe-havens not quite out of focus. PE Brent Crude at 68.00, and WTI Crude Oil at 63.18 have come off as expected. A fall towards 67-66 and 62-61 respectively looks likely in here before the Crude Oil prices can move higher again. Gold at […]

Chicago Agriculture Commodities Finished higher

Chicago Agriculture Commodities Finished higher

Chicago Agriculture Commodities Finished Higher $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture commodities finished higher Thursday, with Corn, Wheat and Soybean futures all rising over 1%, as trade tension eased and cold temperatures stressed crops in the US Plains. The most active Corn contract for May delivery rose 8.5c, or 2.23% at 3.895 bu. […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Safe-havens not quite out of focus. PE Brent Crude at 68.33, and WTI Crude Oil at 63.67 bounced from support at 67 and 62 respectively. While these marks hold, Crude Oil prices could move up in here. Near to medium term looks Bullish while […]

Chicago Agriculture Commodities Finished Lower

Chicago Agriculture Commodities Finished Lower

Chicago Agriculture Commodities Finished Lower $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture commodities finished lower Wednesday, with Soybean futures dropping over 2% after China announced potential tariffs on US Soybean, Corn, Beef and other goods. Chicago Corn futures also fell sharply, then recovered a portion of the losses. The most active Corn contract for […]

Bahrain’s 80B Barrels of Oil

Bahrain’s 80B Barrels of Oil

Bahrain’s National Oil and Gas Authority (NOGA), alongside international consultants DeGolyer and MacNaughton, Halliburton, and Schlumberger, today provided new details on the Kingdom’s largest ever discovery of oil and gas, with tight oil amounting to at least 80 billion barrels. The discovery, made within the 2,000 km2 Khalij Al-Bahrain Basin, is located in shallow waters […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Safe-havens not quite out of focus. PE Brent Crude at 67.91, as mentioned yesterday, is looking Bearish near term and could come down to 66 in the next 1-2 weeks Gold prices fell overnight as US stock markets rebounded after fears of a global […]

Chicago Agriculture Commodities Finished Higher

Chicago Agriculture Commodities Finished Higher

Chicago Agriculture Commodities Finished Higher $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture commodities finished higher Tuesday, with Wheat futures surging over 2%, led by a spike in hard red winter Wheat prices. Soybean and Corn rebounded from the prior session’s declines on spillover support from Wheat and as cold, wet weather in the […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new, Safe-havens in view. PE Brent Crude at 67.84, and WTI Crude Oil at 63.19) have fallen sharply and look Bearish near term. Brent Crude could come down towards 66 now. WTI Crude Oil could come down to test 61 before trying to […]

Chicago Agriculture Commodities Finished Lower

Chicago Agriculture Commodities Finished Lower

Chicago Agriculture Commodities Finished Lower $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture commodities finished lower Monday, with Soybean futures falling 0.89%, on feared escalating trade tensions between China and the United States. Corn futures marked a 3-week high on the US Agriculture Department’s (USDA) Bullish acreage forecast late last week, but gave back much […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new, Safe-havens in view. PE Brent Crude at 69.74, WTI Crude Oil at 65.20 could try a move to 71.50 and 67 respectively. The next few sessions could be ranged the a move North medium term. Gold at 1333.40 may see support 1320 […]

Chicago Agriculture Commodities Finished Mixed on the Week

Chicago Agriculture Commodities Finished Mixed on the Week

Chicago Agriculture Commodities Finished Mixed on the Week $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture commodities finished mixed on the week which ended 29 March, with the Corn and Soybean prices soaring by double digits amid lowered planting expectations. During the shortened trading week due to the Easter holiday, the most active Corn […]

China Has Launched Its Gold-backed ‘Petroyuan’

China Has Launched Its Gold-backed ‘Petroyuan’

China Has Launched Its Gold-backed ‘Petroyuan’ $CNY, $USD, $USO, $OIL, $GLD For the last few years, I have been writing about China’s coming Gold-backed ‘petroyuan’ and that it was imminent, few thought is possible. On 26 March China launch an RMB Yuan-dominated Crude Oil futures contract, it had tried before, but, now the contract has gotten […]

Gold Finished the Quarter with a Gainer, Bulls Happy

Gold Finished the Quarter with a Gainer, Bulls Happy

Gold Finished the Quarter with a Gainer, Bulls Happy $GLD Gold Bulls are finding Y 2018 a Happy Time so far.=. Gold is wrapping up a 3rd quarterly gainer, something not seen since Y 2011, and ETF (exchange-traded fund) holdings are near the highest in 5 years. Safe-haven demand may also get a boost with […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new, Safe-havens in view. PE Gold is stabilizing at 1325, expected to remain ranged near term. Hourly support and resistance are given at 1300 and 1366. In the long-term, the technical structure suggests that there is growing Northside momentum for the precious Yellow […]

Chicago Agriculture Commodities Finished Lower

Chicago Agriculture Commodities Finished Lower

Chicago Agriculture Commodities Finished Lower $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture commodities finished lower Wednesday with Wheat prices continuing to fall amid rainfall in the US plains. The most active Corn contract for May delivery fell 0.5c, or 0.13% to settle at 3.735 bu. May Wheat delivery lost 3.5c, or 0.78% to close […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new, Safe-havens in view. PE Brent Crude at 69.68, and WTI Crude Oil at 64.77 are down as expected. WTI Crude Oil could head towards 64 before rising past 66.50, while Brent Crude could come off to 69-68. Gold at 1346 tested 1357 […]

Chicago Agriculture Commodities Finished Lower

Chicago Agriculture Commodities Finished Lower

Chicago Agriculture Commodities Finished Lower $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture commodities finished lower Tuesday with Wheat futures seeing more than 1% decliner as rain started to fall on the dry US plains. The most active Corn contract for May delivery was Unchanged at 3.74 bu. May Wheat delivery lost 5.25c, or […]

Understanding Crypto Currencies: The ECR20 Standard

Understanding Crypto Currencies: The ECR20 Standard

Understanding Crypto Currencies: The ECR20 Standard $BTCUSD, $ETHUSD Without technical knowledge of the blockchain and smart contracts realms, the world of crypto currency is daunting for many investors. But, the prospect of massive profits in the sector has attracted many types of investors, including those who otherwise might be cautious about investing in an asset, that they […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new, Safe-havens in view. PE Brent Crude at 70.23 stable above 70. While the long term chart may look Bullish now, there could be some dip towards 68 soon. A straight rise from here could trigger some more of upside momentum driving it […]

Chicago Agriculture Commodities Finished Lower

Chicago Agriculture Commodities Finished Lower

Chicago Agriculture Commodities Finished Lower $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture commodities finished lower Monday with soybean futures seeing ups and downs in a choppy session. The most active Corn contract for May delivery fell 3.25c, or 0.86% to settle at 3.74 bu. May Wheat delivery lost 6c, or 1.30% to close at […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing New, Safe-havens in view. PE Brent Crude at 70.25 is headed to resistance at 71.28, while that holds, the see turn to 69.0-68.50 WTI Crude Oil at 65.54 near January high at 66.65, could come off to 64 in here. Note: A clear […]

Chicago Agriculture Commodities Finished Lower Last Week

Chicago Agriculture Commodities Finished Lower Last Week

Chicago Agriculture Commodities Finished Lower Last Week $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture commodities finished lower on the week ended 23 March with Soybean futures falling over 2% on worries about trade tensions between the US and China. The most active Corn contract for May delivery fell 5.5c weekly, or 1.44%, to 3.7725 […]

People are asking: “Has this market topped.”

People are asking: “Has this market topped.”

People are asking: “Has this market topped.” $DIA, $GLD, $SLV Since February 8th when the Dow Jones broke below its -10% BEV line in the chart below, it’s been building a pennant formation. I don’t know how significant it will be when the BEV plot breaks above or below the pennant, as technical analysis in today’s […]

Chicago Agriculture Commodities Finished Higher

Chicago Agriculture Commodities Finished Higher

Chicago Agriculture Commodities Finished Higher $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture commodities finished higher Thursday, with Wheat futures rising as drought conditions are unchanged in US Plains despite early week rainfall in Kansas. Corn futures rose slightly on increased export demand while Soybean ended flat to unchanged. The most active Corn contract for […]

DJIA Finished Off 724 Points, Markets Do Not Like Trade Wars

DJIA Finished Off 724 Points, Markets Do Not Like Trade Wars

DJIA Finished Off 724 Points, Markets Do Not Like Trade Wars $DIA, $SPY, $QQQ, $VXX The DJIA fell more than 700 pts on trade fears, tumbling back into correction territory as US stocks plunged the most in 6 weeks amid the threat of an escalating trade war with China that has the potential to disrupt global growth. At […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: The API report, it was now the EIA report Wednesday which confirmed a fall by 2.6-M barrels in the US Crude Oil inventories last week to 428.31-M bbls. This further boosted Crude Oil prices pushing them higher. Also note that the current weakness […]

Chicago Agriculture Commodities Finished Higher

Chicago Agriculture Commodities Finished Higher

Chicago Agriculture Commodities Finished Higher $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture commodities finished higher Wednesday with Soybean futures rising on concerns about dry weather in Argentina. Corn futures rose slightly on increasing export demand while Wheat futures went up on Short covering. The most active Corn contract for May delivery rose 0.5c, […]

Fed Hikes, Stocks Fall, Gold Rises

Fed Hikes, Stocks Fall, Gold Rises

Fed Hikes, Stocks Fall, Gold Rises $DIA, $SPY, $QQQ, $GLD Stocks swung sharply Wednesday afternoon following the release of the FOMC’s policy directive, which increased the fed funds target range by 25 bpts to 1.50%-1.75%. Overall the hike was priced in ahead of the Fed’s expected move. The S&P 500, the NAS Comp, and the […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary Brent Crude at 67.63 moved up after the API reports suggested a surprise draw of 2.739-M bbl of United States Crude Oil inventories for the week ending 6 March. Note: The news says an anticipation of 2.556-M bbl in Crude Oil inventories, […]

Chicago Agriculture Commodities Finished Mixed

Chicago Agriculture Commodities Finished Mixed

Chicago Agriculture Commodities Finished Mixed $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture commodities finished mixed Tuesday with Wheat and Soybean futures rising, as investors turned to Short covering after Monday’s double-digit loss. Corn futures ended slightly lower as Brazil reported strong export to overseas market. The most active Corn contract for May delivery fell […]

METALLA RAISES MONTHLY DIVIDEND BY 50% AND ANNOUNCES FISCAL 2018 Q-3 PRODUCTION

METALLA RAISES MONTHLY DIVIDEND BY 50% AND ANNOUNCES FISCAL 2018 Q-3 PRODUCTION

METALLA RAISES MONTHLY DIVIDEND BY 50% AND ANNOUNCES FISCAL 2018 Q-3 PRODUCTION TSXV:  MTA OTCQX: MTAFF Frankfurt: X9CP Metalla Royalty & Streaming Ltd. announces preliminary production results for the 3 months ended February 28, 2018 of 96,542 ounces of Silver sold and provisionally invoiced. In addition, Metalla held 35,473 Oz. Silver of attributable inventory to be realized in the subsequent quarter. […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary Overnight Crude Oil prices came off aggressively as Wall street sold off. The Southside susceptibility is also a cause and effect of the increase in US Shale Oil drilling where weak speculative Longs are fragile to global risk sentiment The tensions between […]

Chicago Agriculture Commodities Finished Lower

Chicago Agriculture Commodities Finished Lower

Chicago Agriculture Commodities Finished Lower $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture commodities finished lower Monday, with Wheat futures dropping over 3%, as much-needed rain and snow fell in dry areas of the southern US plains. Soybean futures also tumbled as rainfall reached major exporter Argentina’s Soy belt, and Corn followed the week […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Commodities are trading to Key marks and may move up in during this week. PE Brent Crude at 65.87 could move to 68 while trading above support at 64. WTI Crude Oil at 62.11 may attempt a move to 63-64. Gold at 1311.60 […]

Chicago Agriculture Commodities Finished Mixed on the Week

Chicago Agriculture Commodities Finished Mixed on the Week

Chicago Agriculture Commodities Finished Mixed on the Week $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture commodities ended mixed on the week ended 16 March with the Wheat prices plunging more than 4% on poor export sales and rainfall in the US plains. The most active Corn contract for May delivery fell 7.75c weekly, or […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing New. PE Brent Crude at 65.06 is likely to test resistance at 66. If it holds, another dip to 64.50 is possible, or if the price manages to break above 66 next week could see 67.50 near term. WTI Crude Oil at 61.23 […]

Chicago Agriculture Commodities Finished Mixed

Chicago Agriculture Commodities Finished Mixed $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture commodities ended mixed Thursday with Wheat prices falling more than 2% due to less-than-expected export sales. The most active Corn contract for May delivery fell 2c, or 0.51% to settle at 3.8675 bu. May Wheat delivery lost 10c, or 2.05% to close […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing New. PE Brent Crude at 64.99, and WTI Crude Oil at 61.12 are stable in here. The prices are likely to remain stable in the 66-64 and 59.50-60.0 zones for now. Gold at 1326.60 is also stable and could trade above 1315-1320 for […]

Dow Jones Industrial Average and the Barron’s Gold Mining Index

Dow Jones Industrial Average and the Barron’s Gold Mining Index

Dow Jones Industrial Average and the Barron’s Gold Mining Index $DIA, $GLD A 98 Year Examination Looking at the market at the close last week, apparently the “policy makers” have once again gotten a handle on the financial markets. In the Dow Jones BEV chart below it did correct 10%; but only for one day, […]

Chicago Agriculture Commodities Finished Mixed

Chicago Agriculture Commodities Finished Mixed

Chicago Agriculture Commodities Finished Mixed $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture commodities traded mixed Wednesday morning with Wheat futures experiencing ups and downs. As of 1451 GMT, May Corn was down 0.25c at 3.915 bu, while May Wheat was up 2.25c at 4.8875 bu, and May Soybean down 0.5c at 10.4825 bu. Although […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing New. PE Brent Crude at 64.7 trades below 66 and ranged within 66-63 now. Some more trade within this range is possible near term. Near term looks Neutral – Bearish to me. WTI Crude Oil at 60.80 is ranged within  59.50-61.0, not much […]

Chicago Agriculture Commodities Finished Mixed

Chicago Agriculture Commodities Finished Mixed $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture commodities finished mixed Tuesday with Wheat futures seeing a choppy session. The most active Corn contract for May delivery rose 1c, or 0.26%, to settle at 3.9175 bu. May Wheat delivery went down 4.25c, or 0.87%, to close at 4.865 bu. […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing New. PE Brent Crude at 64.80 is testing resistance at 66, while that holds, the price could come off towards 63-62. The Northside looks limited in here. WTI Crude Oil at 61.21)is likely to trade within 59.50-63.00 this week. Near term is likely […]

Chicago Agriculture Commodities Finished Higher

Chicago Agriculture Commodities Finished Higher $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture commodities finished higher Monday as futures posted moderate gains after sharp falls in the prior session. The most active Corn contract for May delivery rose 0.25c, or 0.06% to settle at 3.9075 bu. May Wheat delivery went up 1.5c, or 0.31% to […]

Gold Stocks are Oversold, Gold Bullion is Not

Gold Stocks are Oversold, Gold Bullion is Not

Gold Stocks are Oversold, Gold Bullion is Not $GLD, $SLV The precious metals sector continues to correct and consolidate. Gold remains in a Bullish consolidation. It recently tapped resistance again and even though it has failed to breakout, it remains above long-term MS (moving averages) which are sloping upward. The Gold stocks and Silver remain […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing New. PE Brent Crude at 65.61 and WTI Crude Oil at 62.15 have risen challenge 1st resistances’ near 66.0-66.5 and 62-63 may limit the Northside. Trade is expected to be ranged within 66.50-62 and 63-60 near term. Gold at 1323.60 bounced […]

Chicago Agriculture Commodities Finished Mixed on the Week

Chicago Agriculture Commodities Finished Mixed on the Week $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture commodities finished mixed on the week, with Wheat and Soybean futures dropping more than 2%, as the US Department of Agriculture (USDA) raised domestic Wheat and Soybean stockpiles in its latest monthly crop report. The most active Corn […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Brent Crude at 63.80 is holding below resistance at 66, and is likely to come off to 62ish, while WTI Crude Oil at 60.26 has support in the 60-59 area. Gold at 1318.80 fell instead of moving higher to 1340/50. Note: 1300-1360 is […]

Chicago Agriculture Commodities Finished Mixed

Chicago Agriculture Commodities Finished Mixed $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture commodities finished mixed Thursday, with Corn futures jumping more than 1% as the US Department of Agriculture (USDA) lowered US Corn stockpiles in its monthly crop report. CBOT Soybean futures were lower following the mid-day monthly USDA data that predicted larger-than-expected ending […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Brent Crude at 64.49 sees 1st resistance at 66, while that holds, price may test to 63-62. WTI Crude Oil at 61.30 is likely to trade in the 60-62.50 range for some more time. Gold at 1328.30 came off against my expectation of […]

Chicago Agriculture Commodities Finished Lower

Chicago Agriculture Commodities Finished Lower $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture commodities finished lower Wednesday, as investors squared positions ahead of a monthly US Department of Agriculture (USDA) crop report due Thursday. The most active Corn contract for May delivery fell 1c, or 0.26% to close at 3.8725 bu. May Wheat delivery […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Brent Crude at 65.28, and WTI Crude Oil at 62.08 are trading a lower than Tuesday at 66.0-66.50, if the near term resistance holds in here Crude Oil prices are likely to fall to 64.30 and 61 respectively. Gold at 1.336.80 moved up […]

Chicago Agriculture Commodities Finished Mixed

Chicago Agriculture Commodities Finished Mixed $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture commodities finished mixed Tuesday, with Wheat futures falling 0.44% as crop conditions stabilized in the dry US plains growing region. Agriculture analysts said that investors are eyeing the US Department of Agriculture’s (USDA) monthly report due to be released Thursday. The […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Brent Crude at 65.66, and WTI Crude Oil at 62.63 moved up and could target 66.0-66.5 and 63.0-63.4 Tuesday. Then, a small dip is possible to 64.30 and 62-61 respectively. Gold at 1321.91 paused in here, and could trade sideways in the 1310-1330 […]

Chicago Agriculture Commodities Traded Higher

Chicago Agriculture Commodities Traded Higher $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture commodities traded higher Monday, with Wheat futures rising more than 1% as weather forecasts showed little rain relief for dry Wheat crops in the US Plains or drought-affected grain belts in major exporter Argentina. The most active Corn contract for May delivery […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: President Trump’s “trade wars are good” good for Gold.PE Brent Crude at 64.62, and WTI Crude Oil at 61.48 are trading lower. WTI Crude Oil is likely to trade in the 63-59 zone in the coming sessions, while Brent Crude could move […]

Chicago Agriculture Commodities Traded Mixed Friday

Chicago Agriculture Commodities Traded Mixed Friday $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture commodities traded mixed Friday with Wheat futures sliding 3%+ on profit-taking. The most active Corn contract for May delivery fell 1c, or 0.26% to settle at 3.8525 bu. May Wheat delivery lost 15.5c, or 3.01% to close at 5.00 bu. May Soybean […]

METALLA STRENGTHENS BOARD AND MANAGEMENT TEAM 

METALLA STRENGTHENS BOARD AND MANAGEMENT TEAM 

  METALLA STRENGTHENS BOARD AND MANAGEMENT TEAM  $MTAFF Metalla Royalty & Streaming Ltd.(CSE: MTA) (OTCQX: MTAFF) (FRANKFURT: X9CP) is pleased to announce that it has nominated Alexander Molyneux and Frank L. Hanagarne, Jr. to the Board of Directors subject to TSXV and regulatory approvals, and added Drew Clark as VP of Corporate Development. “We are […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN In Thursday’s very early briefing I said: DJIA at 25029.20, -1.50% has fallen exactly as expected and a fall below 25000 could open up further testing to 24800-24500 medium term setting the index up for the next strong leg in the continuing rally. Then we saw what has been dubbed […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Fed Hawkishness undermines Gold’s price in here. PE Spot Gold hit 2-month low at 1306, on Bearish movement which broke Key near-term support at 1307 The precious Yellow metal, sensitive on changes of US interest rates, came under pressure after Fed chief Jerome […]

Chicago Agriculture Commodities Traded Higher

Chicago Agriculture Commodities Traded Higher $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture commodities traded higher Thursday, boosted by weather woes and strong export performance. The most active Corn contract for May delivery rose 4.25c, or 1.11% to settle at 3.8625 bu. May Wheat delivery surged 20.5c, or 4.14% to close at 5.155 bu. May […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Brent Crude at 66.3, and WTI Crude Oil at 61.70 are down sharply, 64 and 60 could hold now for Brent Crude and WTI Crude Oil pushing back the prices a bit in here and into next week. Gold at 1317.43 […]

Chicago Agriculture Commodities Traded Higher

Chicago Agriculture Commodities Traded Higher $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture commodities traded higher on weather woes Wednesday with wheat futures gaining nearly 4%. The most active Corn contract for May delivery rose 2.75c, or 0.73% to settle at 3.82 bu. May Wheat delivery went up 18c, or 3.77% to close at 4.77 […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Brent Crude at 66.32 dipped, contrary to my expectation of a rise to 68-69. This raises chances of a break below 66, then 65 near term, as long as it trades below 67. WTI Crude Oil at 62.67 fell from 64 […]

Chicago Agriculture Commodities Traded Higher

Chicago Agriculture Commodities Traded Higher $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture commodities traded higher Tuesday morning with deepening drought in Argentina driving up Soybean prices again. As of 1550 GMT, May Corn was up 3 cents at 3.775 bu, while May Wheat was up 5 cents at 4.7775 bu, and May Soybean up […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE WTI Crude Oil at 63.87, and Brent Crude at 67.50 are stable and likely move to 65 and 68-69 respectively. We will see, they look Bullish to me. Gold at 1335.40 is set up and may rise to 1360-1370 again soon. […]

Chicago Agriculture Commodities Finished Mixed

Chicago Agriculture Commodities Finished Mixed $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture commodities finished mixed Monday with Soybean retreating from 1-year highs on profit-taking. The most active Corn contract for May delivery rose 2.75c, or 0.73% to settle at 3.7725 bu. May Wheat delivery went up 8.5c, or 1.83% to close at 4.7275 bu. […]

Chicago Agriculture Commodities Finished Mixed Friday 

Chicago Agriculture Commodities Finished Mixed Friday $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture commodities finished mixed on the week ended 23 February, with Soybean futures rising on hot and dry weather for major Soybean exporter Argentina. The most active Corn contract for March delivery fell 1.25c weekly, or 0.34%, to 3.6625 bu. March Wheat […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE WTI Crude Oil at 62.81, and Brent Crude at 66.34 have risen, and are trading higher Friday. Note: A report from the EIA states that the Crude Oil inventories at 420.5-M/bbl are in the lower half of the seasonal average and […]

Chicago Agriculture Commodities Finished Mixed

Chicago Agriculture Commodities Finished Mixed $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture commodities finished mixed Thursday, with Corn and Wheat futures rising in largely technical-driven trading as investors awaited crop supply and demand estimates from US Department of Agriculture(USDA) due early Friday. The most active Corn contract for March delivery added 1c, or […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE WTI Crude Oil at 60.99 came off a bit, while Brent Crude Oil at 64.85 saying stable at marks seen Wednesday. Note: There is some room on the Southside for WTI Crude Oil to test 60-59 again in here, while resistance […]

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