» Commodities

One of the most important elements of entering a longer term trade is understanding why you are doing such. Price will go higher or lower alone is not sufficient. You need to understand the basis for such movement in price. That way as the trade evolves you can begin to understand if your thesis is ...

The long-in-the-tooth commodities correction plunged to new lows this week.  Traders were disappointed the Fed didn’t announce a new quantitative-easing campaign, so they dumped the popular commodities with a vengeance.  But realize the primary driver of the recent commodities weakness is not th...

Below are trading range charts for 10 major commodities from the Bespoke Group.  All 10 commodities are currently at or below the bottom of their trading ranges, which would suggest at the moment, a good opportunity to get in at oversold levels for investors looking to gain long-term exposure. How...

At the end of last year I made predictions (a total of 44) of what might come. So far I’ve got (at least) one right and other dead wrong. I’m worried about the one I’m wrong on. Right -Volatility is going up across the board. If you have the stomach for the swings that are coming across al...

Another fun day in the equity markets. With conviction among shorts mixed, some strong some not so and longs pretty much all in market action of late is a war but not your typical war. No longer bull versus bear it is now bear versus bear. Weak hands versus strong hands. Today the weak hands won. Th...

When the CRB and CRX commodity indexes broke support back in 2008, we experienced the “Great Escape.” Investors started selling everything in sight, and the CRX index fell 50% in a matter of months, taking stocks with it. Is GE2 (Great Escape II) about to take place? These two key co...

I’ve been asked to comment on the work of a few noted deflationists who are calling for a top in commodity prices here. Their argument is pretty clear cut: Because inflation is a function of available money plus credit (their definition), and because credit has fallen, deflation is what co...

The Fed’s QE2 program was a failure as far as the economy is concerned. The U.S. economy is in considerably worse shape than last summer when the Fed attempted to come to the rescue with its QE2 flood of extra dollars into the global financial system. But QE2 did have a big effect on global stock...

Credit and commodity markets are saying one thing while equities are saying another and only time will tell which market(s) were right. History though is clearly on the side of credit and commodities based on prior recessions including the 2008 “not so great” recession where equities peaked just...

Commodities seem to be following the same pattern as global stock markets. That makes sense since the stock market is concerned about slowing global economies, and slowing economies obviously mean less demand for raw materials used to produce and ship products. It can be seen in the way the CRB Inde...

A map published with the study shows rare earth element deposits in the Pacific Ocean less than two kilometres deep. (Nature)   Ren Limin, a worker at the Jinyuan Company’s smelting workshop, prepares to pour the rare earth metal lanthanum into a mould. China produces 97 per cent of t...

Elliott Wave International has just announced the beginning of their popular commodity FreeWeek event, where non-subscribers can test-drive some of EWI’s most popular premium services. Now through noon Wednesday, March 23 (Eastern Time), you’ll get access to all of EWI’s hottest d...