Live Cattle is a livestock commodity within the agriculture asset class, along with lean hogs, feeder cattle and porc cutouts. Once the feeder cattle have reached the target weigh of 1050-1500 pounds, they can be referred to as fed or live cattle. One can trade Live Cattle futures at Chicago Board of Trade in contracts […]

Gold has broken below last year low suggesting it has further downside. This article and video look at the Elliott Wave path.

Gold-to-Silver Ratio is simply gold price divided by silver price. After spiking to all-time high at 126.4 on March last year to 126.4 due to the fear of Covid-19 pandemic, it has turned lower considerably.  The average ratio in 300 years history is around 30 as the chart below shows: The natural ratio in the […]

Silver broke to new 52 week high suggesting the next leg higher has started. This article and video look at the Elliott Wave path.

Palladium market continues  to be in short supply for 9 straight years. The gap between mine supply and consumption in 2020 was around 1 million ounce of palladium. The chart below shows the deficit from 2011-2019 Palladium is used by automakers in catalytic converter manufacturing to clean greenhouse exhaust fumes. COVID-19 pandemic in 2020 further […]

Cycle from December 23 low is about to end as a 5 waves. Oil may see a pullback soon in 3, 7, 11 swing but larger degree trend remains bullish.