Precious metals have been on fire this year, and the strength is broadening.

Gold lit the fuse back in March 2024, breaking out to new all-time highs. 

Now, Silver and Platinum are breaking out, completing multi-year bases and printing their highest quarterly closes in over a decade. 

Miners are...

For months now, we’ve been pounding the table on Copper. 

Now, the trade is on fire. Copper futures had their best day ever on Tuesday after news of new tariffs from the Trump campaign.

This move also resulted in the first overbought reading on the 14-day RSI since March, marking the beginning of a new bullish momentum regime.

We've also been betting on the miners playing catch-up, and sure enough, that's working, too.

But as strong as that move was, Copper isn’t alone. 

Gold rang the dinner bell over a year ago with new all-time highs in March 2024. 

Since then, we've watched precious metals like Silver,...

It’s a brand-new month and quarter for precious metals, and the tape is firing on all cylinders.

The big-picture trend is simple... we’re in a secular bull market.

Gold kicked things off when it broke out to new all-time highs in March 2024. 

Since then, Silver and Platinum have resolved multi-year bases of their own. 

Both printed their highest quarterly closes in over a decade to finish Q2. 

And now, another laggard is setting up to catch fire... Palladium.

The best part? Seasonality is lining up right on cue.

Let’s break down what the data and charts are telling us.

Last week, we wrote about Copper futures breaking out to all-time highs, while the Copper Miners ETF $COPX is starting to play catch-up. 

The three copper miner trades we outlined for premium members last week are soaring to new highs. We think there's a tremendous amount of upside remaining.

That rally isn’t happening in a vacuum. 

It’s part of a much larger shift we’re seeing across the entire Base Metals space.

After years of choppy sideways action, Industrial Metals are beginning to trend again. 

Breakouts are happening. 

Leadership is expanding. 

And just like Copper, we’re now seeing signs of accumulation and strength in other key areas.

Let’s take a closer look at the...

It has been a blockbuster year for precious metals, and the latest monthly and quarterly closes reiterated it.

The entire precious metals complex is breaking out of long-term bases. 

These patterns are the classic signature of new secular bull markets. 

Gold rang the bell first, but now its peers are joining the charge.

Let’s dive into what the data is showing us.

We’ve been pounding the table on Copper futures since China started ripping last year.

However, it has been a slower start than we anticipated.

Now, our patience is being rewarded... We're seeing evidence that the trade is heating up.

Copper futures are trading at fresh all-time highs as they play catch-up with Gold futures.

We're also beginning to see the Copper miners play catch-up to the underlying commodity.

This has been on our radar for months, but we've only recently seen significant changes.

The red line represents Copper futures, and the blue candlesticks represent the Global X Copper Miners ETF $COPX. 

Historically, these two have danced together.

However, that relationship broke down earlier this year as the futures reached new...

It’s happening.

After years of waiting, the entire precious metals complex is finally coming to life, and the charts confirm it.

Gold broke out first. 

Now, Silver, Platinum, and the miners are joining in. 

Our Equal-Weight Precious Metals Index is printing fresh all-time highs, marking what we believe is the beginning of a new secular uptrend.

Miners are starting to lead. 

Risk appetite is returning. 

And short sellers? They’re getting squeezed.

This week, we’re reviewing the latest breakout setups in the metals space, including a small-cap Silver name retesting a key level with explosive upside potential.

Grain markets are showing signs of life.

After a brutal multi-year collapse, many major agricultural contracts are starting to perk up. 

The short-term and intermediate-term trends are beginning to point higher. 

Momentum is entering a new bullish regime. 

And participation is expanding.

We’ve already outlined bullish setups in the futures for Corn, Soybeans, and Soybean Oil. 

These contracts have been carving out bottoms, and they're starting to resolve higher from well-defined bases. 

Now, we're seeing more of the same.

The short-term strength is hard to ignore.

We’ve been waiting patiently for a leadership handoff in the metals market. 

It’s happening now.

Platinum and Palladium, the long-forgotten cousins of the precious metals complex, are waking up.

Just look at the charts.

Crude oil just ripped higher with its biggest 3-day rally since March 2022.

And the timing couldn’t be more interesting.

The energy trade looked like it was unraveling.

But the bulls are stepping in and repairing the damage.

Valid tops have turned into "not tops" and bear traps.

This burst of upside momentum comes right as crude is bouncing off a major support zone, both in absolute terms and relative to the broader market. 

Energy stocks have been under pressure for months, but this looks like a potential turning point.

Not only is the price action improving, but positioning is also offside. 

Short interest in the Oil & Gas Exploration & Production ETF $XOP just hit its highest level in years.

A lot of the individual stocks have the highest short interest ever.

The unwind could fuel a powerful move higher across...

We have been talking about a major rotation in the metals space for months, and now it’s happening in real time.

Platinum is ripping... We just got long.

Dr. Copper is knocking on the door of new all-time highs. We outlined the breakout and target levels to watch on Friday.

And now, Silver is sprinting...

It’s up more than 30% off last month’s low and just printed a fresh multi-decade high.

We think this move is just getting started, and a run at the 1980 / 2011 peak near $50 is officially in play.

Here’s how we're trading it.

We just hosted a live breakdown of all the major commodity futures, including Copper, Gold, Cocoa, Crude, and more. 

From what’s breaking out, what’s lagging, and how we’re positioning.

If you trade commodities, this is must-see TV.

📺 Watch the full replay below 👇

We’ve talked at length about Gold’s breakout. 

But everyone has forgotten about Copper and other industrial metals.

Copper isn’t just some industrial input. It’s the backbone of the modern economy.

The price has gone nowhere for decades. But over that time, it has carved out a massive accumulation pattern that looks ready to explode higher.

This is a trade we’ve been preparing for, and it may finally be here.