The energy crisis continues to provide a strong support, not only for crude prices, but also for industrial metals. Last week aluminium added 9.2% and copper prices gained 9.17%. The absolute leader was zinc that jumped 20.49% in price.
The price of aluminium, which is one of the most energy-intensive commodities, is at a record high. On Monday morning its price...
Just to be honest, how many of you traders knew of Guinea existence before this September? And if You did, how good you knew this country? Can you show it clearly on the map?
Many of market players followed by the crowd are screaming out loud that the military coup in this country is responsible for a spike in aluminium prices. However, if we look at the price...
find it interesting, this is the sum of all commodities divided by the money supply.
probably doesn't mean anything, anyway interesting.
Looking at the parabolic route of m2 and the commodities basket divided by it didn't move as expected because of it's rally the rally. lot's of money still in the markets.
give me your perspective and ideas