Not a bad suggestion, but I'm probably going to join the ThinkPad cult once my current laptop dies.

Metals (data) Mining

Honestly I think that's fine to own virtually. GLD is backed by gold in held in vaults in London so it should be fine unless there's massive fraud or some sort of apocalyptic scenario.

Anyone own physical Gold?

That lines up well with the seasonal chart I created for gold: image Seems like the bulls have a clear advantage between August through January.

Metals Outlook: Cash and Futures

In many ways, I think copper may be the best metal to trade. It's more of a pure growth play than the other metals.

Copper for everyone

Does anyone trade options on GLD? I'm considering putting on a trade that would look something like this: image

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Ah ok, gotcha. His PDFs are nice but you can't get the raw data unfortunately. I was just reading about his 'Boom Bust Barometer' over the weekend. The formula for it is: BBB = CRB Raw Industrial Price Index / Initial Unemployment ...

Metals (data) Mining

I concede I blew up my demo account this week too. It's only up from here guys. lol

Metal Competition Zone (Demo)

I find this monthly chart of gold fascinating: image It has been making a series of higher lows since Dec 2015 and volatility has been contracting. There could be a lot of upside ahead if it breaks out from the ~1,375 level and it's easy to build ...

Metals Mash Up

You and me both Don. That's some interesting info about Andrew Jackson, thanks for sharing.

Metals (data) Mining

Wow, that's extremely valuable info, thanks a lot for sharing. Your theory makes complete sense. There's got to be an edge to this, I'm going to have to see if I can quantify it.

High Impact Events Trading... Gold & Copper

Central banks will have to get more creative in the next recession. I think the next step for the Fed might be making ETF purchases like the BoJ has done. What concerns me most is what will happen with the Eurozone. Parts of Europe have really ...

Metals (data) Mining

Global growth expectations are big factor for Copper and Crude prices so it makes sense there is a good correlation between them. What's really interesting is how copper went down in sympathy with crude during the oil crash in 2014/2015. Where did ...

Metals (data) Mining

I constructed another seasonal chart tonight, this time for copper: image Going back to 1988, July has been the best month on average and May has been the worst. Unlike gold, we don't see any longer term trends where half the year was good and the ...

Metals (data) Mining

It is remarkable how much the purchasing power of the dollar declined after Nixon took the US off the gold standard. There were a number of other inflationary factors at play though: The 1973 and 1979 energy crises. Unions were more common. ...

Metals (data) Mining

There's no shortage of pitfalls in looking at historical data. The way I use this is, I develop an idea of where asset prices should go based on the fundamentals and then look at data like this to ensure I don't get my timing wrong. Last August I ...

Metals (data) Mining

Any thoughts on this Friday's employment report? A big increase in average hourly earnings would be a game changer for the whole investment landscape, but it seems unlikely from where I'm sitting.

High Impact Events Trading... Gold & Copper

For what it's worth, copper is still solidly in contango: image There's just that one conspicuous drop in 2021. That's amazing. I get why the market is pricing in aggressive Fed easing, but US unemployment at 3.6% and well below ...

Metals Outlook: Cash and Futures

I really like that seasonal visualization for copper. Is something like that available for gold, platinum, palladium, and silver? If not, I might have to make one.

Metals Outlook: Cash and Futures

A lot of commodities traders like to use seasonal data for their trades so for my next study I decided to a create a seasonal chart for gold. Here's how it turned out: image Historically, August through January has been the best time to be long ...

Metals (data) Mining