1-year performance of $GOLD, $SILVER, and $COPPER vs. $SPX and $USD

Euro to U.S. Dollar shows how far the Euro has fallen

U.S. Dollar to Euro shows how strong the dollar has been...up 30%

U.S. Dollar Index ($USD) is up 25% for a 1-year period

Commodity Index ($CRB) down 30%

Avoid precious metals $GOLD $SILVER $COPPER

1-year performance of $GOLD $SILVER $COPPER $SPX

Precious metals

1-year performance of precious metals $GOLD, $SILVER , and $COPPER is negative

Commodity Index ($CRB) continues to underperform the S&P 500, the U.S. dollar, and 10-Year Treasury

Precious metals ($GOLD, $SILVER, $COPPER) continue to underperform the S&P 500

Bearish trend for precious metals: $GOLD, $SILVER, $COPPER

US Dollar vs. Commodities

Precious metals finished in the red

$GOLD, $SILVER, and $COPPER are all down for the year

Commodities ($CRB) are highly correlated to oil prices so expect underperformance

Commodities ($CRB) are highly correlated to oil prices so expect underperformance

Precious metals will underperform in the near-term

Good news for consumers - OPEC leaves oil production target unchanged

 Consumers can continue to expect low gasoline prices  
OPEC and oil

Precious metals show losses year-to-date

$GOLD, $SILVER, $COPPER

Crude oil may find support around $80/barrel

$BRENT