Daily Close | Forex, Metals, Oil, Agriculture May 27, 2021



In yesterday’s action the July corn settled 4 ¼ cents higher, the September 6 cents higher and the December 5 cents higher. In the overnight electronic session, the July corn is currently trading at 625 ½ which is 1 cent higher. Image Source: Unsplash On the Corn front, part of the Corn Belt has had a reprieve on lack of rain in the South and Midwest. There is still a lot of dryness in the soil in the Corn Belt that is thirsting for rain that did appear.


A man suffering from heart disease and infected with the novel coronavirus attempted to buy a banana with a counterfeit twenty-dollar bill.


Even though NCMGY has the lowest gold production growth outlook of the big gold group, Jalonen said the company has potentially hidden copper value. Among all the gold stocks he covers, Jalonen said NYSEWPN is projected to have the highest production growth over the next three years at about 30%. His thoughts on gold are captured each week on a program called Gold Game Film in collaboration with Kitco News and TheStreet.com. Jalonen highlighted the key themes among gold producers that attended Bank of America’s recent Global Metals, Mining & Steel virtual conference.
Franco-Nevada is a great stock for investors looking for a low-cost gold investment, Jalonen added. He is also the co-author of The Goldwatcher: Demystifying Gold Investing.

United States

less The US and China’s top trade negotiators have held “candid, pragmatic” talks, in their first meeting under the Biden presidency. Now they know price controls won t kill inflation dead, but merciless Fed rate hikes will. Image: Bigstock After a huge rally, Wall Street was caught in a vicious circle of trading earlier this month. They were because moments ago the Fed announced that at 1:15 pm some 50 counterparties (up from 46 on Wednesday) Why does this matter?
He has been quoted in a variety of financial news publications, such as CNBC, the Wall Street Journal, and the New York Post. Money will flow out of the US into China which will see continued strong growth. He is a regular contributor to Forbes, Business Insider, Seeking Alpha and Wall Street Journal’s Experts Corner.