Agriculture
The March corn is currently trading at 550 ½ which is 4 ¼ cents lower.
Currencies
The rub is that, when it comes to absolute dollar amounts, it is wealthier households that have amassed the most savings. The dollar is going to collapse, which is the mother of all tailwinds for gold.
Metals
Since it is gold’s own demand-driven seasonality that fuels gold stocks’ seasonality, that’s logically the best place to start to understand what’s likely coming. That optimism fuels gold stocks’ most upside leverage to gold seasonally throughout the calendar year. Gold stocks exhibit strong seasonality because their price action mirrors that of their dominant primary driver, gold. This gold seasonality is fueled by well-known income-cycle and cultural drivers of outsized gold demand from around the world.
While spring’s seasonal impact on gold itself is more muted, the gold stocks tend to blast higher anyway as capital floods in. Instead, gold’s major seasonality is demand-driven, with global investment demand varying considerably depending on the time in the calendar year. Over the years I’ve seen a variety of theses explaining this mid-March-to-early-June gold rally, but nothing definitive like for the rest of the year’s seasonality. That is looking to coincide with gold stocks’ spring rally, one of their strongest times of the year seasonally.
Gold stocks’ recent correction short-circuited their winter rally, leaving major catch-up buying for this spring. Gold’s seasonality generally isn’t driven by supply fluctuations like grown commodities see, as its mined supply remains relatively steady year-round. These understandable cultural factors drive surges of outsized gold demand between late summer and late winter. less Following a necessary correction, the gold miners’ stocks have spent much of recent months bottoming.
After that comes the Western holiday season, where gold jewelry demand surges for Christmas gifts for wives, girlfriends, daughters, and mothers. Price action is very different between bull and bear years, and gold remains in a middle-aged bull market. less Having broken below $1800 earlier in the week, after suffering a ‘death cross’, gold prices are plunging this morning – on heavy volume – as real yields soar.
The seasonal gold year starts in late July as Asian farmers begin reaping their harvests. Then gold surged to a major decisive breakout confirming its bull remained alive and well! That’s soon followed by the famous Indian wedding season in autumn, with its heavy gold buying for brides’ dowries during marriage-auspicious festivals. Then after that Chinese New Year gold buying flares up heading into February. After falling to a 6.1-year secular low in mid-December 2015 as the Fed kicked off its last rate-hike cycle, gold powered 29.9% higher over the next 6.7 months.
While spring’s seasonal impact on gold itself is more muted, the gold stocks tend to blast higher anyway as capital floods in. Instead, gold’s major seasonality is demand-driven, with global investment demand varying considerably depending on the time in the calendar year. Over the years I’ve seen a variety of theses explaining this mid-March-to-early-June gold rally, but nothing definitive like for the rest of the year’s seasonality. That is looking to coincide with gold stocks’ spring rally, one of their strongest times of the year seasonally.
Gold stocks’ recent correction short-circuited their winter rally, leaving major catch-up buying for this spring. Gold’s seasonality generally isn’t driven by supply fluctuations like grown commodities see, as its mined supply remains relatively steady year-round. These understandable cultural factors drive surges of outsized gold demand between late summer and late winter. less Following a necessary correction, the gold miners’ stocks have spent much of recent months bottoming.
After that comes the Western holiday season, where gold jewelry demand surges for Christmas gifts for wives, girlfriends, daughters, and mothers. Price action is very different between bull and bear years, and gold remains in a middle-aged bull market. less Having broken below $1800 earlier in the week, after suffering a ‘death cross’, gold prices are plunging this morning – on heavy volume – as real yields soar.
The seasonal gold year starts in late July as Asian farmers begin reaping their harvests. Then gold surged to a major decisive breakout confirming its bull remained alive and well! That’s soon followed by the famous Indian wedding season in autumn, with its heavy gold buying for brides’ dowries during marriage-auspicious festivals. Then after that Chinese New Year gold buying flares up heading into February. After falling to a 6.1-year secular low in mid-December 2015 as the Fed kicked off its last rate-hike cycle, gold powered 29.9% higher over the next 6.7 months.
Oil
When Ingersoll Rand Inc. agreed to sell its high-pressure pump business that supplies oil drillers, Chief Executive Officer Vicente Reynal highlighted how the deal accelerates our ESG commitments. Weaker demand and earlier declines in oil prices have been holding down consumer price inflation. Oil, industrial metals, grains, beans – they are all making big gains.
United States
less Equity markets finally listen to the noise that the bond market have been making, however, the Fed are still not listening. On the other hand, with the Fed expected to let the GDP heat up without hiking rates, say welcome back to inflation. Obviously, keeping an eye on the Nasdaq 100 as well as bond yields is the most popular theme right now. He has been quoted in a variety of financial news publications, such as CNBC, the Wall Street Journal, and the New York Post.
Tuesday (Feb. 23) saw the Dow down 360 points at one point, and the Nasdaq down 3% before a sharp reversal that carried to Wednesday (Feb. 24). In fact, the tech-heavy Nasdaq Composite Index has dropped 5.4% this week after registering the biggest sell-off on Feb 25 in four months. We should hear plenty from the Fed Board of Governors in the coming weeks and months. Quite the move on as the US 10yr hit the milestone of yielding 1.50%, moving above the S&P 500 dividend yield of 1.48%.
Research from our team of in-house analysts has been quoted by The Wall Street Journal, Bloomberg, MarketWatch, USA Today, Kitco, Reuters, US News & World Report, CNBC, and more.
This slowdown, namely with the Nasdaq, poses some desirable buying opportunities. One of the worst stocks on the Nasdaq today is . Investing.com Follow The boom-and-bust cycles are not new for Tesla (NASDAQ:TSLA) investors. The boom-and-bust cycles are not new for Tesla (NASDAQ:TSLA) investors. The QQQ ETF, which tracks the Nasdaq is down a reasonably attractive 7% since February 12. Peter Schiff explains: “They [The Fed] are going to do nothing.
0 Tuesday (Feb. 23) saw the Dow down 360 points at one point, and the Nasdaq down 3% before a sharp reversal that carried to Wednesday (Feb. 24). In fact, the tech-heavy Nasdaq Composite Index has dropped 5.4% this week after registering the biggest sell-off on Feb 25 in four months. We should hear plenty from the Fed Board of Governors in the coming weeks and months. Quite the move on as the US 10yr hit the milestone of yielding 1.50%, moving above the S&P 500 dividend yield of 1.48%.
Research from our team of in-house analysts has been quoted by The Wall Street Journal, Bloomberg, MarketWatch, USA Today, Kitco, Reuters, US News & World Report, CNBC, and more.
This slowdown, namely with the Nasdaq, poses some desirable buying opportunities. One of the worst stocks on the Nasdaq today is . Investing.com Follow The boom-and-bust cycles are not new for Tesla (NASDAQ:TSLA) investors. The boom-and-bust cycles are not new for Tesla (NASDAQ:TSLA) investors. The QQQ ETF, which tracks the Nasdaq is down a reasonably attractive 7% since February 12. Peter Schiff explains: “They [The Fed] are going to do nothing.
