Andy Hecht
The bearish trend since the 2022 peak continuesSeasonality favors lower oil pricesU.S. energy policy is bearish- OPEC+ production weighs on pricesGeopolitics remains bullishA break of critical… more
A bullish trend since the 2020 lowSilver rises to the highest price in fourteen years- The 2011 and 1980 highs are the upside targetsFundamentals support higher silver pricesGold supports rising… more
NYMEX platinum futures reached their all-time high in 2008 at $2,308.80 per ounce. Meanwhile, the NYMEX palladium futures rose to a record high of $3,380.50 in 2022.
For nearly a decade, the… more
New highs in COMEX copper futures in July 2025 before price carnage on July 30Tariffs had been bullish for the U.S. futuresDivergence with the LME three-month Copper ForwardsFundamentals remain… more
A bullish trend since the 2020 low- Silver breaks above a critical technical resistance level with a powerful Q2 signalA bullish key reversal on the quarterly platinum chart in Q2 2025A bullish key… more
Crude oil prices have been falling since 2022, when they reached the highest price since 2008 at $130.50 on the nearby NYMEX WTI futures contract. Meanwhile, the energy commodity's pivot point has… more
March and April 2025 were hair-raising rollercoaster months for the copper market. While the COMEX futures rose to new highs, eclipsing the May 2024 peak in March, the LME forwards did not… more
Gold continues to be a bullish beast. After reaching new all-time highs in 2020, 2021, 2023, and 2024, the precious metal has increased its upward momentum in 2025.
Gold has not traded below… more
Gold reached another nominal high in February 2025 when the continuous COMEX futures contract price rose to over $2,945 per ounce. Over the past year, copper, gold, coffee, cocoa, and frozen… more
The U.S. government bond market is the most liquid government debt security market in the world. The treasury market finances the U.S. government, implements monetary policy, and is a safe… more