First Quarter Results of Mining Commodities

During the first quarter of 2016 many metals and minerals have clung to year-to-date gains. Industrial metals have all advanced led by zinc which has jumped by more than 20% in three months while volatile iron ore is the best performer with a 33.5% gain this year. 123 more words

Energy & Mining

Copper(x2)/Gold Spread: Still a Screaming Bargain!

Still Underwater

We have been stalking the spread between copper and gold for a signal to get long.

With the exception of a two-day excursion on the last two days of 2015, the value of… 467 more words

Spread Trade

Play it again, Sam ...

The Industrial Metals were caught in a bear market decline

January was month 12, placing Industrial Miners in their timing band for a yearly cycle low and there was a bullish divergence developing on the weekly True Strength Indicator. 259 more words


Gold closed above the upper daily cycle band back on 1/06, which gave us our first signal that gold was beginning a new daily uptrend. 174 more words

Copper(x2)/Gold Spread: Exit Signal Triggered

Bears Maul the Commodity Spreads

On December 29th the blog entered a theoretical long position in the March-February copper(x2)/gold spread at +$25 (premium copper) because it closed back above the ‘even money’ level. 370 more words

Spread Trade

Copper(x2)/Gold Spread: Entry Signal Triggered

Coming Up For Air

Yesterday the March-February copper(x2)/gold spread close above the ‘even money’ mark for the first time since the first half of November. This triggered an entry signal for the blog, so a hypothetical long position was entered at +$25 (premium copper). 140 more words

Spread Trade

Copper/Gold Spread: A New Four-Year Low Was Hit.

The Metal Meltdown

On September 9th the blog entered a long position in the December copper(x2)/gold spread at +$11,625 (premium copper). The position was liquidated on November 20th at -$4,880 (premium gold), resulting in a loss of approximately -$16,505 per spread. 443 more words

Spread Trade