Commodities

Blogs

The price of active month NYMEX crude oil is what everyone is focusing on these days, but that price is only a view from thirty thousand feet of what is actually going on in the global oil patch. There is so much more to the price of crude oil,... more

Blogs

The bull market in the dollar continues to power forward. The US dollar index was up 11.97% in 2014. So far this year the greenback is up another 5.16%. The dollar is one of the strongest markets I see out there these days. Fundamentals for the... more

Blogs

Commodity prices continue to be in a bear market. Industrial raw material prices have plunged over recent months. The price of crude oil halved since June. Iron ore prices have plummeted, and recently the price of copper dropped below long-term... more

Blogs

In my January 13 article, A Look at the Copper Market, I wrote, "...the support level at $2.72 may become more and more distant in the market's rearview mirror." Since the day I made that statement, the red metal has had a rough time.

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Blogs

Today's Lows are Tomorrow's Highs

Copper fell 15.78% on COMEX and 14.59% on the London Metal Exchange in 2014. Copper has been making lower highs and lower lows since July 2014. The copper market has just moved into a new zone and the... more

Blogs

The dollar is still the world's reserve currency and there is an inverse relationship between the greenback and commodity prices.

The Dollar and Commodities

In 2014, the dollar was a big winner and many commodities were losers.... more