Crude oil is a highly political energy commodity that powers the world. The U.S. is the world's leading oil-consuming country.
Source: Statista
The chart shows the U.S. was the… more
Andy Hecht
The ongoing and escalating war in the Middle East between Israel and Iran and its proxies is not bearish for crude oil prices. However, other factors have led crude oil lower. China is the world's… more
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The silver bulls had reason to cheer in May as the second-leading precious metal and highly speculative silver futures market reached a significant milestone.
Technical resistance for the… more
COMEX copper futures posted a 2.10% gain in 2023 and moved 2.99% higher in Q1 2024, settling at $4.0070 per pound at the end of March. One month later, the price was over the $4.50 level, with… more
As the markets head into 2024's second quarter, the North American agricultural planting season is getting underway. Farmers are now planting the grains that feed and increasingly power the world… more
Gold has a long history as an alternative asset, while Bitcoin and digital currencies only burst on the scene starting in 2010. Gold has been a low-volatility asset over the past few years, in a… more