What Happens to Commodities When Interest Rates Finally Rise?

September 9, 2016

There is a significant historical relationship between commodity prices and interest rates. In my latest article for About.com, I explain the correlation between raw materials, rates of interest and the dollar.

Article: What Happens to Commodities When Interest Rates Finally Rise?

Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities

Higher Rates Increase The Cost Of Carrying Commodity Inventories

September 6, 2016

The Fed told us that an interest rate hike is ‘imminent’ two weeks ago and last Friday’s employment report was a non-event higher interest rates are bullish for the dollar and a double-bearish whammy for commodities prices. In my latest piece for Seeking Alpha, I explain why higher rates are bearish for raw material prices but how there are so many other factors that determine the path of least resistance for these staple assets.

Article: Higher Rates Increase The Cost Of Carrying Commodity Inventories

Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities

The Fed Sets the Path for Higher Commodity Prices

August 1, 2016

The Federal Reserve spoke last week and left interest rates unchanged. The next meeting of the central bank will come in September. In my latest article for CQG, I explain why eight months of unchanged interest rate policy will likely mean gains for some commodity prices in the face of an accommodative Fed that makes promises and hawkish statements but has only had excuses or pledges rather than action in 2016.

Article: The Fed Sets the Path for Higher Commodity Prices

Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities

A Strong Dollar Takes A Toll On Commodities

August 1, 2016

The dollar rallied after the Brexit vote and is currently a lot closer to the highs since May 2014 than the lows.In my latest piece for Seeking Alpha I explain why dollar strength is nothing but a mirage when it comes to commodity prices and why we could see a breakdown in the historical inverse relationship between the dollar an raw material prices. We are already seeing this phenomenon in the precious metals sector.

Article: A Strong Dollar Takes A Toll On Commodities

Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities

Four Reasons Why Commodities Will Continue To Be On A Wild Ride

June 6, 2016

Commodity prices fell from 2011/2012 until late 2015 and early 2016, In my latest piece for Seeking Alpha I outline the four reasons why I believe commodity prices actually fell too low a few months ago and why I believe they will now make higher lows and higher highs in the months ahead.

Article:  Four Reasons Why Commodities Will Continue To Be On A Wild Ride

Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities

Big Changes Underway In Commodities

May 31, 2016

There are big changes underway in the commodities markets that will translate into the markets for physical and derivatives moving away from the United States in the years ahead. In my latest article for Seeking Alpha, I look at the current currency, logistical and structural changes in the raw material markets that promise massive change in the years to come.

Article: Big Changes Underway In Commodities

Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities

There Is A lot More Than Chinese Speculation Going On In Commodities

May 16, 2016

Last week I read a number of articles about how Chinese speculation was responsible for the rally in many commodity prices. In my latest work for Seeking Alpha, I explain why there is a lot more going on in commodity markets these days than Chinese speculation.

Article: There Is A lot More Than Chinese Speculation Going On In Commodities

Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities

Do You Hear The Soft Coos Of The Central Bank Doves? The Markets Hear Them

May 2, 2016

Last week the Federal Reserve once again left interest rates unchanged. In my latest work for Seeking Alpha, I explain why action rather than words are having a profound impact on markets and why slow economic conditions in the U.S. could be accompanied by a spike in inflation as the Fed inaction caused the dollar to move lower and commodity prices to rise.

Article: Do You Hear The Soft Coos Of The Central Bank Doves? The Markets Hear Them…

Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities

What Would Negative Interest Rates Mean For Commodities

May 2, 2016

While short-term interest rates in the U.S. remain at very low levels, below 1%, they are negative in Europe and Japan. In my latest article for About.com, I explain how negative interest rate could positively impact the prices of commodities in the months ahead.

Article: What Would Negative Interest Rates Mean For Commodities

Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities

 

The Dollar And Divergence In Commodity Markets

January 11, 2016

The dollar moved higher by almost 9% in 2015. At the same time, the vast majority of commodity prices dropped. In my latest article for Seeking Alpha I explain the reasons why I expect the dollar to continue to rally and make new highs in 2016 and this means that commodity prices still have more downside ahead.

Article: The Dollar And Divergence In Commodity Markets

Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities.