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
Gold Very Close to First Upside Target
That didn’t take long… Powered by the growing prospects of war with Iran, gold cut through its 4-year high of $1,378 per ounce like a hot knife through butter. Currently trading for $1,419, gold is… Read More
Corn and Gold Breach Key Levels To the Upside
Tariffs, schmariffs… When it comes to the price of agricultural commodities, weather trumps politics every time. China’s retaliatory tariffs, a major source of pain for grains this spring, no longer matter. Mother Nature holds all… Read More
Is The Yellow Metal “Good As Gold” Again?
Unfortunately for the bulls, gold has been anything but good. The Midas Metal has spent the last 6 years putting traders and investors to sleep. It has oscillated between a high of $1,434 per ounce… Read More
Wet Spring Sets Corn on Fire and Heats-Up Soybeans
“It’s getting late. Soon it will be too late.” That’s how we began last week’s blog post. We are now 8 days further into the planting season and the outlook has changed. “Soon” is now…. Read More
Will a Soggy Spring Rain Summer Trouble On Corn and Soybeans?
It’s getting late. Soon it will be too late. Pounding spring rains and devastating floods have made it impossible for farmers to plant across wide swaths of the American grain belt. Saturated soils are making… Read More
Trade Travails May Mean Once-In-A-Decade Buying Opportunity in Soybeans
Talk is cheap, especially when it comes to trade. Stock market bulls were confident that widely-expected trade deal between China and the US would be the catalyst that would spark a FOMO (fear of missing… Read More
Low Price = Bullish Opportunity in Natural Gas
2019 has not been kind for natural gas. Crude oil prices may have soared but natural gas deflated, tumbling as much as 34% from its highs in mid-January despite increasing demand and historically-low stockpiles. Part… Read More
Abnormally Low Volatility is an Opportunity to Play Sugar “Both Sides from the Middle”
If you’ve been wondering what has happened to volatility, you are not alone. One of the lead articles in today’s Wall Street Journal begins with: “An unusual period of calm has blanketed trading of stocks… Read More