To The Moon

For investors eyeing the copper market, there's more than just investing in the commodity or mining stocks. You can also consider copper ETFs and ETNs! Think of ETFs as baskets of copper-related companies or futures, while ETNs are a bit like bonds.Here's a handpicked list of 5 copper ETFs and 1 ETN in the US market, as of April 23, 2024:1. $Global X Copper Miners ETF(COPX)$ With an AUM of $2.12 billion, this ETF tracks the Solactive Global Copper Miners Index, covering exploration, development, and production companies. It's got a 0.65% fee and holds 37 stocks, heavyweights being $Ivanhoe Mines Ltd.(IVPAF)$ $Lundin Mining Corp.(LUNMF)$

Copper, as an important industrial metal, its price trend has been widely concerned by the global market. In recent years, copper prices have experienced a series of fluctuations. Especially last week, copper prices broke through the $10,000 mark for the first time in two years. This increase not only reflects the current heat in the copper market, but also reflects the global economy, supply chain and energy transformation. The intertwined influence of multiple factors has aroused heated discussions in the market. Will $10,000 be the end of copper prices? Starting from multiple fundamental factors, combined with the latest industrial data, this article will deeply analyze multiple factors affecting the trend of copper prices, and look forward to the future trend of copper prices.1. Distur

According to the World Gold Council's (WGC) recently released "Global Gold Demand Trends Report" for the first quarter of 2024, total global gold $Gold - main 2406(GCmain)$ demand (including off-exchange transactions) increased 3% year-on-year to 1,238 tons. With the strong demand, the average gold price hit a record high of $2,070 per ton in the first quarter, up 10% year-on-year and 5% quarter-on-quarter.Louise Street, a senior market analyst at the WGC, said:Since March, gold prices have risen to an all-time high, ignoring traditional negative factors like a strong dollar and high interest rates. The driving forces behind the gold price rally include rising geopolitical risks and persistent macroeconomic uncertainty, which are driving the d

Affected by factors such as geopolitical conflicts and fluctuations in the Fed's interest rate cut expectations, the contradiction in risk appetite in the capital market has become increasingly prominent, and commodity prices have also entered a stage of high volatility.Taking gold as an example, the price of gold has experienced a correction after experiencing the "crazy growth" . On April 22 local time, COMEX gold futures for June delivery fell 3.01%, the largest one-day drop since June 2022.Two factors "suppress" precious metalsFor a long time, geopolitics has been the first factor affecting the prices of gold and silver. With the gradual escalation of tensions in the Middle East, the market's demand for safe-haven assets such as gold and silver has also increased simultaneously. Howeve

Two months ago, $Citigroup(C)$ saw $3,000 an ounce in gold $Gold - main 2406(GCmain)$ by 2025 as an extremely optimistic anomaly, but Aakash Doshi, North America head of commodity research at Citi, said Tuesday that $3,000 is now a highly probable event.Doshi's comments come at a time when gold prices are in a consolidation phase near $2,400 after touching highs. Last week, gold hit an all-time intraday high of $2,448 before falling back sharply. However, commodities investor Dennis Gartman said that gold has entered a multi-year bull market cycle, looking to reach $3,000 in the next two years.One important reason to be so bullish on gold is that it is not just the rising price of the US dollar. Gold pri

As of the close on April 17, the three major U.S. stock indexes collectively closed down. The Nasdaq and S&P fell for the fourth consecutive day, the longest record since January this year.U.S. stocks have outperformed expectations in 2023, with the S&P 500, Nasdaq, and Dow Jones rising 24.2%, 43.4%, and 13.7%, respectively. The market has also given high expectations for the performance of U.S. stocks in 2024. However, since April, the U.S. stock market has encountered a series of complex factors, causing the market to continue to be under adjustment pressure.So does this mean that the long bull market in US stocks is coming to an end? Will the new round of earnings season bring turmoil to US stocks?As the global banking leader JPMorgan Chase released a mixed quarterly report last

1. Oil Call Option Volumes Are SoaringAfter Israel vowed to respond to missile and drone attacks from Iran, trading volume of crude oil call options surged to an all-time high. On Monday, trading volume of Brent crude oil call options approached 350,000 contracts, surpassing the record set in 2019. The premiums for these contracts relative to put options also rose to the highest level since October. Source:BloombergAccording to market sources, the majority of trades are focused on establishing new bullish positions and transferring existing contracts bought in the weeks leading up to the Iranian attacks. Open interest has seen an increase.With ongoing unrest in the Middle East, coupled with robust demand and tight supply, Brent crude futures prices have surged to around $90 per barrel, hit

*40+ yr cup and handle $Gold - Apr 2024(GC2404)$ *Large handle is a smaller cup and handle *Small handle has inverse head and shoulder forming inside This is where the true spot gold price breakout is.Image

The big breakout level for $Silver - main 2405(SImain)$ using the yearly time frame is 31-32, and not 38/50 like on lower time frames. As been saying, the blue tightening arrow pattern means a breakout is coming, and it is. A 45y very bullish pattern - let that sink in !@Graddhy - Commodities TA+CyclesImageA Founder of http://GoldSilver.com, Author 'The Great Gold & Silver Rush of the 21st Century' pointed that”A 44 year cup and handle pattern for #silver”.Watch the video now>>

Wednesday (April 17) Asian morning, spot gold basically stable, gold prices are currently located in the vicinity of $2383/ounce; by the impact of Fed Chairman Powell's hawkish remarks.Tuesday's New York session, $Gold - main 2406(GCmain)$ and $Silver - main 2405(SImain)$ prices briefly appeared to dive, spot gold is close to closing flat, spot silver closed down 2.6%. Federal Reserve Chairman Jerome Powell said on Tuesday that the recent inflation data suggests that the Fed may need more time to have enough confidence to cut interest rates. Powell pointed out that since the end of last year, the rapid decline in inflation, the Fed in the fight against inflation lack of more progress, if price pre