The first month of 2021 was eventful. Bitcoin rose to a new all-time high. Digital currency is a rejection of government control of the money supply. The US swore in a new President. Many policies… more
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