#InsiderTime #Investing #Gold #Corn⠀
🚀 Insider Time: Five Commodity Markets Worth Watching⠀
China continues to add to its gold reserves. Traders in the natural gas market are nervous due to logistical problems. The U.S. will release a supply/demand estimate with new crop forecasts tomorrow. For those used to commodity markets, here's a suggestion:
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• GoldThere are signs of cooling demand from Beijing, likely due to high prices. The risk for gold bulls is that policymakers have made the precious metal vulnerable to any potential change in demand.
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• CornThe U.S.
corn harvest is off to its best start in three years. Traders are waiting for the seasonal report WASDE, but buying targets have already been set. Investing is easiest in US
Corn Futures (ZCN4); those willing to wait can invest in Teucrium
Corn Fund (
CORN), Invesco D.B. Agriculture Fund (DBA), or Deere & Company (D.E.).
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• OilOPEC+ ministers announced plans to increase production by nearly 2.5 million daily barrels by October 2025. Oil prices fell 5% after the announcement, with ministers insisting they may change their minds if market conditions change. Getting ready to buy.
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• Natural gasTraders are wary of global disruptions ahead of the summer season, especially after fresh supply problems from Norway. Geopolitics and competition in the liquefied natural gas market are also sources of volatility, which could drive up the benchmark price of Dutch gas and Asian spot LNG.
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• Offshore windWind energy growth could hit a new high this year as the U.S., France, and Taiwan pour fresh money into the market, with 18.3 gigawatts of offshore wind capacity coming online in 2024. You can invest in NextEra Energy (NEE), Vestas Wind Systems (VWS), Siemens Gamesa (SGRE), or just General Electric (G.E.).
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Proceed with warning and be mindful of the risks. ⠀
Profits to y’all!