The chart below compares the price of 10-Year US Treasury Notes with the price of gold over the past decade. We consider the relationship of these two markets to be not only one of the… Read More
Platinum Significantly Cheaper than Gold for Just the 2nd Time in 24 Years
There are certain relationships between commodities that bear watching, especially when they get out of whack. The chart below shows the relationship between platinum and gold going back to 1991. Platinum is nearly… Read More
Time to Buy Protection in the S&P 500
We have been resisting the urge to short the US stock market all year for 3 reasons: 1) the market is in an uptrend; 2) low global interest rates mean stocks are still the only… Read More
Risk Point Hit In Coffee: Exit May Bull Spreads
Sometimes things don’t work out. The bullish chart setup in coffee we identified in Alert #2, was negated by yesterday’s second, consecutive, lower close below our risk point of $1.60 in the May contract. Global… Read More
Ring Up Half of Bond Put Spreads
The one thing we’ve learned from our 3 decades in this business is to respect the market’s capacity for surprise. We’ve been exploring the huge gap between gold and bond prices since the beginning of… Read More
Gold Is Correcting: Roll April Bull Spreads to June
Time waits for no one and, to paraphrase the Rolling Stones, it won’t wait for us. With only 56 days left until expiration, our April bull spreads are entering a period of rapid time decay…. Read More
Gold & Interest Rates Still Far Apart: Add Bear Bond Play to Bull Spreads in Gold
Falling interest rates mean gold continues to shine. The yellow metal is up 8.1 % since our first “Alert” of the New Year when we explored the relationship between interest rates – specifically US 10-Year… Read More
Gold Breaks Out, Will Silver Follow?
It looks like the gold market has answered the question we asked in our first “Alert” of the New Year, “Is it finally time to buy gold?” (Click here to read this report.) So far… Read More
Low Stress Bullish Setup In Coffee
It’s dry in Minas Gerais. And hot… This coffee-producing region of Brazil has had just 60 mm of rain since Christmas. Normal rainfall is 175mm. Brazil is the biggest producer of high quality Arabica coffee… Read More
Is It Finally Time to Buy Gold?
Poor gold bugs…Their belief in the yellow metal never seems to die. Not even a punishing bear market, which clipped over 40% from gold’s August 2011 high, has dented their enthusiasm. They chalk up the… Read More