The sharp downward price action in a number of materials producers suggests traders believe a recession is right around the corner.
Let's review the charts and indicators.
If gold starts to make a turn higher, here's what I'll do next.
Let's review the charts and indicators.
Since the 1970s, the link between high prices and more supply has become broken.
Investment experts highlight investment picks in copper, aluminum, nickel, uranium, lithium, titanium, and a trio of royalty streamers.
The next few weeks could be revealing for the steelmaker from a technical viewpoint.
Supply chain snarls could exacerbate inflation and lead to slower economic growth, which would reduce demand for commodities such as oil and copper.
I'm monitoring an energy ETF and a gold ETF, too, though I'm waiting for both to display more basing action.
It's doubtful that the Jerome Powell Fed will take the Paul Volcker approach, and raise rates above the rate of inflation.