When will This Commodity's Downside End?

When will This Commodity’s Downside End?

Warming up to coffee given the historical tendency for downside to abate when the two year RoC (i.e,. price momentum) reaches the -55% level, as it is now. This is in contrast to our ardent bearishness on the product dating…...

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Silver Analog Has Been Fulfilled, Nearly Perfectly

Silver Analog Has Been Fulfilled, Nearly Perfectly

Here’s the updated silver analog chart below. Amazingly, it has been fulfilled nearly perfectly since we originally pointed it out as a reason to be short and/or avoid the PM complex all together. That was done all the way back…...

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