Monthly Change

  • Silver has had back to back monthly gains for the first time in at least 2 years.Silver was 4.5% higher this month.
  • Platinum was higher by 7.4% for the month
  • Crude Oil higher by .75% for the month. haven’t had back to back monthly gains in Crude since April  and May  last year.
  • Rbob down 4.8% for the month,and has closed lower for 7 out 8 months.
  • Copper +2.94%(lme)  for the month. The best monthly gain in almost a year(3-15)
  • Aluminum had the 3rd consecutive monthly gain,it closed higher by 3.55%

What we can take form this is that metals look to have found a bottom and may be trying to take part of a reflation trade.Precious metals  going bid because of the negative rates syndrome worldwide,Gold cant go below Zero.

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