Andy Hecht

The raw material markets continued to make a comeback in the final quarter of 2020 after the global pandemic caused a deflationary spiral taking the prices of most assets to lows in March and… more

In late June 2020, the nearby natural gas futures price fell to its lowest level in twenty-five years when it reached $1.432 per MMBtu. Days after the low, Warren Buffett announced that Berkshire… more

Supply and demand fundamentals support the grain markets. According to the US Census Bureau, the global population grows by approximately twenty million each quarter. At the turn of this century,… more

The raw material markets continued to make a comeback in the third quarter of 2020 after the global pandemic caused a deflationary spiral taking the prices of most assets lower in Q1. The… more

The end of the summer is the start of the harvest season in the grain markets. The United States is the world’s leading producer and exporter of corn and soybeans, and a leading producer of wheat… more

July 2020 was a month where the prices of gold and silver posted significant gains. In what has been almost a perfect bullish storm for the two precious metals, a decline in the value of the US… more

The raw material markets made a comeback in the second quarter of 2020 after the global pandemic caused a deflationary spiral taking the prices of most assets lower in Q1. The commodity asset… more

The silver-gold ratio measures the price relationship between the two precious metals. Silver and gold are hybrid commodities as both have long histories as both metals with a myriad of… more

April 2020 will go down in history as the month that the price of crude oil fell to a low that most market participants did not believe possible. West Texas Intermediate crude oil began trading on… more

Optimism ran high at the start of 2020. The United States and China were about to sign the “phase one” trade deal that de-escalated the trade war that hung over markets in 2018 and 2019. The… more