Coffee

National currencies, cryptocurrencies and equities fell, led by Bitcoin which dropped 13.6%, giving back most of its gains for the last month. Bonds and commodities were mixed, with the largest gains in TLT, the long term bond fund, which rose 3.1%. Outside of the cryptos, the largest losses were in coffee, down 5.7%, and platinum, off 4.6% to a new all-time low of 17.1 grams.

More on Weekly Update 16 Aug 2019

Stocks and commodities moved lower, while all other asset classes were mixed. Bitcoin made the largest gains, rising 5.0%. The biggest losses were in palladium and cotton, which dropped 10.6% and 9.3% respectively. We seem to be seeing a shift away from high-flying assets towards relative "safe havens" like gold, Bitcoin, and long term treasury bonds. New safe haven options are coming soon, including gold bonds (more on that below.)

More on Weekly Update 2 Aug 2019 Gold Bonds?

Currencies, bonds, and major stock indexes moved higher, while cryptos and commodities were mixed. Cotton and the S&P 500 made the largest gains, rising 3.7% and 3.0% respectively. The biggest losses were in Coffee, which fell 5.8%, and Bitcoin, which dropped 5.0%.

More on Weekly Update 26 Jul 2019

Bonds were lower, but all other asset categories were mixed. Bitcoin and crude oil had the largest gains, as BTC rallied 6.2% and crude added 3.3%. The biggest losses were in cotton, which fell 6.6%, and Ethereum, which dropped 5.4%.

More on Weekly Update 12 Jul 2019

Cryptocurrencies moved higher, national currencies and bonds slid lower, and stock indexes and commodities were mixed. Bitcoin topped the winner's list, rising 7.2%. Palladium also rose strongly, gaining 5.9%. The largest losses were in coffee, which fell 5.6%.

More on Weekly Update 14 Jun 2019

This was a rough week for all assets except equities, and even they had mixed results, as the Japanese Nikkei index dropped 1.5% while the HUI gold stocks rose 3.9%. All other asset classes were lower. Cryptocurrencies took the largest hit, as they pulled back after five straight weeks of solid gains. Ethereum had the largest loss, falling 9.6%.

More on Weekly Update 7 June 2019

Cryptocurrencies continued to rise, national currencies fell, and other asset classes were mixed. The biggest price swings were in the commodities. Coffee soared 11.0% to score the week's largest gain. Crude oil continued to drop, falling 9.7% to close at 1.28 grams per barrel, the largest loss of the week.

More on Weekly Update 31 May 2019

Cryptocurrencies and bonds rose again, stocks were lower, and other asset classes were mixed. Bitcoin added 8.6% for the week's largest gain. The biggest losses were in crude oil, which fell 6.7%.

More on Weekly Update 24 May 2019

National currencies and cryptocurrencies were lower this week; other asset classes were mixed. The largest losses were in Ethereum, which dropped 10.6%, and crude oil, which fell 1.9%. Coffee rose 3.6% while palladium added 1.9%, the largest gains this week.

More on Weekly Update 26 Apr 2019

Only bonds were lower this week; other asset classes were mixed. Still, the biggest moves were all to the downside, as coffee fell 3.4%, gold stocks dropped 2.1%, and long term bonds declined 1.5%. Copper had the largest gains, rising 1.3%.

More on Weekly Update 12 Apr 2019