Copper(x2)/Gold Spread: Long-Awaited Birth of the Bull?

The Real McCoy?

Just before Memorial Day, the IMC blog bought a December copper(x2)/gold spread.  The position was liquidated with a loss a few weeks later when the spread hit new lows for the move. 628 more words


Copper(x2)/Gold Spread: New Multi-Year Lows. What's the Plan?

Nice Try

The blog entered a long position in the December copper(x2)/gold spread -$18,000 on May 26th.  The position was then liquidated on June 10th at -$25,915 for a loss of -$7,915. 551 more words


Copper(x2)/Gold Spread: Trading the Christmas Contracts

Time Marches On

The IMC blog has been waiting patiently for months for the copper(x2)/gold spread to trigger a buy signal.  Currently, we are using a two-day close above the declining 100-day Moving Average to give us the green light to bet that the red metal will outperform the yellow metal.  564 more words


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


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