The announcement of a potential trade deal sent the grain markets soaring on Friday (corn rallied a scorching 4.7%) as traders anticipated additional Chinese buying. China is expected to agree to purchase $40 to $50… Read More
Silver & Gold Tumble into Support. Is It Time to Buy?
Perhaps the most interesting thing about Monday’s big sell-off in silver and gold is the lack of any fundamental reason behind it. The wire services blame a stronger dollar. Yet yesterday’s settlement of 99.02 in… Read More
Silver & Gold Remain Best Performers Other Commodities Getting Real Cheap
We knew it was coming… The correction in the precious metals we talked about in our last blog post is now a reality. As we mentioned in our last post, we believe these corrections are… Read More
Silver Hits $19.50 – Platinum Nearing $1,000
Wow, that was fast! Silver is on a winning streak, gaining against its richer cousin almost by the day. Last night’s price action probed the area between $19.50 and $20.00 per ounce before falling back,… Read More
Silver Soars & Sugar Sinks
Silver’s big “catch-up” rally appears to have begun. The poor man’s gold sprinted out of the gate this morning and hasn’t looked back, soaring as much as 52 cents as we write this. Gold is… Read More
Trade War Could Mean Big Opportunities Outside of Stocks & Bonds
These are critical times. The post-Cold-War era of cooperation that has provided much of the globe’s prosperity since the fall of the Berlin Wall is ending. What will replace it is currently being hashed out… Read More
2nd Gold Target Hit – Silver Is Along for the Ride
It’s a big day in metals. The desire for an alternative currency not enmeshed in the Sino-American trade war has pushed the price of gold well past our second long-term objective of $1,500 per ounce… Read More
Silver (Finally!) Playing Catch-Up To Gold
After months in the gutter, the poor man’s gold is finally “movin’ on up.” Silver popped nicely, rallying nearly 7.5 % from low to high over the past two weeks, beating gold’s 4.8% gain. No… Read More
Gold May Be Great, But Silver and Platinum Are Cheap
Gold continues to impress. After breaking out by slicing through both key resistance at $1,377 per ounce and a 6-year high of $1,399 per ounce, the Midas metal has hardly backed off at all. Instead,… Read More
Gold and Corn Retrace While Silver Gets Poorer
Firecrackers and bottle rockets aren’t the only things exploding this summer. Gold and corn and have already put on a show. The yellow metal rose 13.5% a month and the yellow grain soared 38.5% in… Read More