Futures Outlook

Abnormally low volatility was the major reason we suggested buying June $1.13 euro calls in late January. Extremely high volatility — signaled by the euro’s rapidly widening Bollinger Bands — is our signal to exit…. Read More

Last week’s panic in stocks infected commodities as well. Concerns that the COVID-19 virus would cause a sharp slowdown in the global economy powered a “risk-off” washout that pummeled the entire commodity sector. Gold, energy… Read More

Natural gas below $2.00 is simply not natural. Its price has dipped slightly below $2.00 7 times since the mid-1990s. $2.00 natural gas has not been profitable in the past, and is certainly not now… Read More

It didn’t seem possible this time last year but, yes, $2020 gold is no longer a “pie in the sky” number. The adage “good as gold” actually means something again. Gold is currently the strongest… Read More

It’s official: the UK is leaving the EU. And while the agreement gives both parties a year to work things out, the way business is done in Europe will change substantially. Most of the speculation… Read More

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

“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

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

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

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