Tag: Industrial Metals

Palladium … Culled From The Herd

So what’s going on with Palladium? Looking back at history, all major metals hit an intermediate peak in the first half of 2008, followed by an intermediate bottom in late 2008, most moving to new highs into 2011. Palladium’s ability

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US Dollar Index … Approaching A Crossroad

We seldom comment on the US Dollar Index (symbol: DX), however we do track the index closely to understand the potential influence on US Dollar denominated commodity prices. The US Dollar Index is approaching a crossroad in the $89.71 to $92.41 range. These levels

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Copper … Support Fails, Lower Prices on the Way!

Copper futures (symbol: HG) have broken critical support at the $2.9275/lb level this week. Expect continued trade lower with a test of the $2.72 level, and possibly the $2.385 level. One signal the trend lower has reversed would be a

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