Supply Problems and Weak Dollar Buoy Sugar Prices
Since the corona virus hit in March earlier this year, price of Sugar future (SB) has remained depressed as demands projected to plummet. Prices fell sharply lower at 42% to…
Copper Looking for Bullish Breakout
Since bottoming in January 2016 low at $1.93, Copper has traded in a narrow range between $1.9 - $3.3. Earlier this year, the red metal collapsed to the lowest in…
Has The Euro Dollar Finally Turned the Corner?
The Euro Dollar has continued to slide since topping out on July 2008 at 1.6038. However, sentiment on the euro has recently improved after European Union leaders agreed to massive…
Break to New All-Time High in Gold Confirms Bullish Market
Gold has finally broken to a new record high this week, confirming the secular bull market has resumed. We know it's a matter of time as it has made a…
Gold Miners Junior (GDXJ) Breaks 7 Year Base
Gold prices continue to extend higher as the EU sets to announce a historic €750 billion coronavirus stimulus. The US Congress is also debating for a new aid package to counter…
Pound Sterling Gains from Positive Brexit Headlines
British Pound Sterling gained last week against major currencies as positive headlines on Brexit negotiations start to trickle. The chart below shows the gain of Pound Sterling against some major…
Elliott Wave View: Franco Nevada Corp (FNV) Impulsive Move Higher
Franco Nevada (ticker: FNV) is a Canada-based company that own royalties and streams in gold mining and other commodity and natural resource investments. The company does not operate mines, develop…
Bullish Breakout in GDXJ (Gold Miners Juniors) Imminent
Gold market continues to extend higher with uncertainties in pandemic and ultra-loose monetary policy by central banks. It has printed a 7 year high of $1779 and shows no sign…
Elliott Wave View: Pan American Silver (PAAS) Bullish Outlook
Pan American Silver Corporation (ticker: PAAS) is a Canadian mining company with operations in Latin America. The company has mines in Mexico, Peru, Bolivia, and Argentina. It is the world's…