Now that we are over a year into the bull market in oil, we are seeing the second- and third-tier shale deposits getting drilled.
Today, we’ll look at the long-term trendline that is supporting my bullish view on gold. And I’ll explain why it is critical to watch in the coming weeks.
Mines take several years to develop and bring into production. That’s why Chinese miners are positioning themselves for long-term success.
While the disruption in soy is well-covered by the media, the knock-on effects of the trade war will breathe new life into the struggling sugar sector.
Right now, gold is out of favor. It may become even more out of favor by the end of the year. But my hunch is that we just got a bullish “soft” signal.
Last year, the media was calling for the next bear market in oil. The last thing on most people’s mind was a 50% rally. But that’s exactly what happened.
The fear of slowing growth around the world drove the price of silver lower. That said, silver is a great speculation today.
Gold is set to enter its next major bull market, just like it did back in 2002 when speculators we’re also extremely bearish.