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Large Speculators haven't owned this much Gold since 2020. We have the data.

In precious metal bull markets, it's perfectly normal for Commercial Hedgers to offset their physical positions by shorting the underlying futures contracts.

We...

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Have you heard about China?

Chinese stocks just had their best week in history, following the People's Bank of China's (PBOC) announcement of rate cuts, among other stimulative actions.

In July, we talked about...

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It has been over 1,600 days since Crude Oil futures traded below zero in 2020, which preceded one of its best 2-year bull markets in history.

Since the peak in early 2022, energy has been a tough trade for those with trend-following strategies...

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We've been obnoxiously talking about soft commodities lately.

But, it's for a good reason! And it all comes down to relative strength.

Aside from a few pockets of strength, the trends have been a mess in the broader commodity complex.

...
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With fall approaching us, things are beginning to change.

The weather is perfect for golfing, the Kansas City Chiefs are back to dominating the NFL, and it's the best time of the year for Natural Gas futures.

...

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From the Desk of Steve Strazza @Sstrazza

Precious metals stocks have been ripping since Gold futures resolved a multi-decade accumulation pattern earlier this year.

...
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It's no secret that we're in a bull market for precious metals.

We made the argument for a new secular uptrend for these shiny rocks in last week's...

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If you're like me, you probably spend too much money on coffee every morning.

And that's not likely to change... but that's okay!

We can profit from an upside move in the commodity and hedge our exposure.

We've had tremendous success...

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In today's Gold Rush video, we discussed our outlook for a new secular bull market in the yellow metal.

We also covered Commitment of Traders positioning, mining stocks, and much more.

We dug into our latest...

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Gold has not only been shining in absolute terms but is also dramatically outperforming the broader commodity complex.

While energy chops around in a multi-year...

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It has paid to pick our spots wisely in the commodities complex as it's been a very bifurcated asset class this cycle.

Live and Feeder Cattle are carving out distribution patterns.

Energy has been a rangebound mess.

Meanwhile, the...

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From the Desk of Ian Culley @IanCulley

It’s good to be a gold bug.

New all-time highs and fresh breakouts are dotting the charts. Buy signals are flashing left and right. And even the laggards – Palladium and Platinum – are...

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From the Desk of Steve Strazza @Sstrazza

The price action from commodities has been lackluster, at best, this year. Our equal-weight commodity index is at its...

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From the Desk of Ian Culley @IanCulley

Don’t believe the headlines.

It’s not all doom and gloom for the market.

Plenty of assets are trending higher, mainly those related to precious metals.

Gold is challenging...

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From the Desk of Ian Culley @IanCulley

Don’t believe the headlines.

It’s not all doom and gloom for the market.

Plenty of assets are trending higher, mainly those related to precious metals.

Gold is challenging all-...

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Stocks aren’t the only risk assets falling this week.

Rebar, Corn, and Cotton are posting multi-year lows. Dr.Copper is slipping below four bucks. And our short cattle trades are working.  

But as most commodities slide, one area...

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From the Desk of Ian Culley @IanCulley

Give the bears a pass. 

Precious metals and the companies that mine the rocks are seeing red. The new lows list is expanding. And breakouts are failing. 

I don’t want to step...

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From the Desk of Ian Culley @IanCulley

Give the Bears a pass. 

Precious metals and the companies that mine the rocks are seeing red. The new lows list is expanding. And breakouts are failing. 

I don’t want to step...

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