From the Desk of Ian Culley @IanCulley

Precious metal bulls are taking a stand.

It’s easy to overlook following Friday’s selling pressure. But price is respecting critical support levels for Gold, Platinum, Palladium, and even gold’s crazy cousin.

From the Desk of Ian Culley @IanCulley

Cattle futures are defying gravity.

Unlike most commodities during this cycle (pick your favorite base metal or grain contract), cattle have yet to correct lower. 

Instead, they’re still hanging around new all-time highs.

Something has to give…

From the Desk of Ian Culley @IanCulley

Gold bugs have seen brighter days.

Silver is underperforming Gold. The corrections in Platinum and Palladium are burrowing deeper beneath our breakout levels. And the Gold Miners ETF $GDX is printing fresh lows versus the broader market. 

It doesn’t sound bullish to me.

Yet gold futures are solid as a rock!

From the Desk of Ian Culley @IanCulley

Gold bugs have seen brighter days.

Silver is underperforming Gold. The corrections in Platinum and Palladium are burrowing deeper beneath our breakout levels. And the Gold Miners ETF $GDX is printing fresh lows versus the broader market. 

It doesn’t sound bullish to me.

Yet gold futures are solid as a rock!

From the Desk of Ian Culley @IanCulley

I’m avoiding the US dollar and interest rate chopfest.

That includes interest rate-sensitive commodities like crude, copper, and gold.

So, let’s check in with a commodity group that walks to the beat of its own drum…

The New York City Softs: Cocoa, Coffee, Cotton, and Sugar.

First up, Cocoa. 

From the Desk of Ian Culley @IanCulley

Metals bulls are waking up following last week’s selling pressure.

Copper, silver, platinum: It didn’t matter. Base and precious metals took a hit.

It was ugly but not a complete disaster.

Call me a gold bug if you like (I won’t take offense), but don’t overlook the key takeaway from last week’s session: gold’s resilience.

From the Desk of Ian Culley @IanCulley

Metals bulls are waking up following last week’s selling pressure.

Copper, Silver, Platinum: It didn’t matter. Base and precious metals took a hit.

It was ugly but not a complete disaster.

Call me a gold bug if you like (I won’t take offense), but don’t overlook the key takeaway from last week’s session: Gold’s resilience.

From the Desk of Ian Culley @IanCulley

Copper Springs into Action… Buyers Dig Copper… Copper, F%$# Yeah!

Those are a few titles I spitballed last night. But the markets wouldn’t have it.

This morning, the overall theme of the metals space turned on its head, trashing my bullish bias.

To be clear, I still have a favorable outlook for base and precious metals over longer time frames…

Yet we’re all forced to navigate the near-term selling pressure. 

From the Desk of Ian Culley @IanCulley

This week, I’m cutting straight to our trade ideas.

I’ve made a table of more than 30 setups, the majority of them trending toward our targets.

And I’ll also update a few trade ideas with new entry levels and additional upside objectives.

Let’s dive in!

From the Desk of Ian Culley @IanCulley

This week, I’m cutting straight to our trade ideas.

I’ve made a table of over thirty setups (the majority trending toward our targets).

And I’ll also update a few trade ideas with new entry levels and additional upside objectives.

Let’s dive in!

From the Desk of Ian Culley @IanCulley

Metal and mining stocks are hanging tough.

Sure, miners aren’t flashing an overwhelming number of new highs, but they’re also not registering an alarming number of new lows.

That’s impressive, especially considering Copper’s epic false start.

While many precious and base metal stocks consolidate, let’s review the next group of mining names before they rip…

Check out the Junior Uranium Miners ETF $URNJ versus the Uranium Miners ETF $URNM:

From the Desk of Ian Culley @IanCulley

I’ve heard JC say it many times: “You guys are the smart money.”

After spending a week with clients at our Portfolio Accelerator and fielding countless reader emails, I completely agree!  

Since gold and silver prices are getting a bit wild, I decided to dive straight into the Gold Rush mailbag today to start a healthy discussion about what might happen next…