Platinum

This was a generally up week, with all asset classes rising except for the Japanese Yen, which dropped 2.9%, and the long term bonds (TLT), which fell 1.6%. Cotton, up 15.2% and palladium, up 9.0% were especially strong this week. The strongest currencies were the Pound Sterling, which rose 4.2%, the Canadian Dollar, which gained […]

Currencies and short-term bonds continued their tumble, while stocks and commodities were mixed. The week’s biggest losses were in crude oil, off 8.3%, and copper, down 5.1%. The UK FTSE stocks were also hit hard, losing 5.0% for the week. The largest gains were in gold stocks, which moved 3.7% higher, and platinum, which rose […]

The big news this week was Bitcoin, which exploded higher, rising 27.6% to close a hair above 18 grams. Bitcoin is now 173.8% higher than this time last year! The second largest gain was in coffee, up 1.6%. The weakest assets were palladium, off 5.3%, and Japanese stocks, which fell 4.8%. Most government-issued currencies were […]

The only rising asset classes this were coffee, up 4.8%, and silver, which gained 4.6%. All the others declined, led by copper, down 7.0%, and the Euro STOXX, which fell 6.5%. The next largest losses were in the Chinese Yuan, which dropped 4.8%. All government-issued currencies were lower, led by the CNY, followed by the […]

This was a great week for investors, as every asset class I track ended the week higher! Silver, which rose 7.7%, and Japanese Stocks, which gained 7.0%, led the rise. Currencies generally, and the EUR and CNY in particular, were the weakest asset classes. Bitcoin made the largest gains in the currency space, rising 3.2%. […]