Platinum

Bonds and national currencies declined, stocks were mostly higher, and commodities were mostly lower. But the big fireworks this week were in cryptocurrencies, as Bitcoin fell 11.0% and Ethereum rose 4.7%. The next biggest movers were coffee and palladium, which dropped 3.9% and 3.5% respectively.

More on Weekly Update 22 Jan 2021

After weeks of near vertical ascension, cryptocurrencies finally paused and pulled back a bit. Bonds and most national currencies rose, while stocks and commodities were mixed. Coffee took the lead this week, rising 4.9%, while Bitcoin fell 8.6% and gold stocks retreated 4.7%.

More on Weekly Update 15 Jan 2021

Cryptocurrencies continued their meteoric rise while stocks gained ground and other asset classes were mixed, but mostly higher. Ethereum took the lead this week, rising 69.8%, while Bitcoin rose 40.7% to a new all-time high of 681.2 grams. Outside of the crypto space, crude oil was the leading asset, gaining 9.1%. Long term bonds (down 2.8%) and coffee (off 2.3%) had the largest losses.

More on Weekly Update 8 Jan 2021

Due to the New Years holiday, this was another short trading week. Cryptocurrencies rose, bonds fell, and all other asset classes were mixed. The largest gains were in Bitcoin, which continued to climb, adding another 18.3% and closing at a new all-time high of 484 grams. Ethereum was not far behind, rising 15.8%. Copper (down 2.0%) and the HUI gold stocks (off 1.1%) had the largest losses.

More on Weekly Update 1 Jan 2021 Happy New Year!

Due to the Christmas holidays, this was a short trading week. Bonds rose, but all other asset classes were mixed. The largest gains were in Bitcoin, which continued to climb, adding another 6.9%, followed by coffee and long dated treasury bonds, which rose 0.9% apiece. Ether (down 4.1%) and the CCi30 crypto index (off 3.3%) had the largest losses.

More on Weekly Update 25 Dec 2020 Merry Christmas!

Bonds and most national currencies moved higher while cryptocurrencies and stocks pulled back; commodities were mixed. The largest gains were in cotton, up 3.5%, and coffee, up 3.4%. The CCI30 crypto index (down 4.9%) and platinum (off 4.8%) had the largest losses.

More on Weekly Update 11 Dec 2020

Bonds moved higher, stocks and commodities declined, and currencies (both national and crypto) were mixed. The biggest gains were in Bitcoin, which rose 6.0%, and the Chinese Yuan, which gained 1.5%. Crude oil plunged 9.3% and the Euro STOXX fell 7.9%, the largest losses this week.

More on Weekly Update 30 Oct 2020

This was a pretty good week as long as you weren't in currencies or bonds. The biggest gains were in crude oil, which rose 8.5%, and palladium, which gained 4.9%. Long term bonds fell more than any other asset, dropping 2.7%. The Japanese Yen was in second place, declining 1.3%.

More on Weekly Update 9 Oct 2020

Commodities were mixed, but all other asset classes moved lower. The biggest gains were in platinum, which rose 3.5%, and silver, which added 3.1%. Crude oil and coffee fell the most, dropping 10.1% and 6.3% respectively.

More on Weekly Update 2 Oct 2020

National currencies and bonds rose sharply, but other asset classes were mixed. The biggest gains were in long term bonds, which soared 5.9%, and cotton, which rose 5.4%. Silver collapsed, dropping 12.3%. The second worst decline was in platinum, which fell 6.0%.

More on Weekly Update 25 Sep 2020