Platinum Slices Through Our $1,000/oz Target

Last week was big for platinum group metals (PGMs). Stricter emissions standards in China proved to be the catalyst for a huge move in palladium. Palladium and platinum are critical components of catalytic converters. Catalytic… Read More

Will Pigs Hog the Spotlight in 2020?

“Bulls make money. Bears make money. Pigs get slaughtered.” You have undoubtedly heard this phrase before. Pigs do get slaughtered, but in pork-loving China and other parts of Asia there are not enough to go… Read More

Silver & Platinum: Loving the Laggards

Gold broke out to the upside on Monday, slicing through old swing highs of $1,565 per ounce, but silver and platinum are lagging. We do not believe this will last much longer. Gold is rallying… Read More

Gold Pops on Soleimani Assassination

The overnight assassination of Iranian Quds Force Commander General Qassam Soleimani in a drone strike ordered by Donald Trump has changed the game in the Mid-East. History is replete with examples of assassinations that provide… Read More

2020 Trouble Won’t Begin With Stocks

Impeachment? Stocks don’t care. All major indexes greeted Wednesday’s historic news with a giant yawn and then promptly rallied, focusing on low interest rates and slow but steady economic growth. Stocks show little of the… Read More

Corn Back in the Bargain Bin

Seven years of near-perfect growing weather combined with the ability of new variants of genetically-engineered corn to withstand higher temperatures and wetter conditions have been enough to match increasing demand. How much longer will these… Read More

Will Sleepy Markets Roar Soon?

What happened to volatility? We’ve been in the commodity business a long time and can’t remember seeing so many markets trading sideways at the same time. Has the 3rd impeachment of a US President sucked… Read More