FlowBank

1051 days ago

The Gold / Silver ratio near 2016 lows could be a harbinger of a precious metals rally

The gold to silver ratio represents the relative value of one ounce of silver to one ounce of gold. It is a weight for weight comparison.

#Commodities
The Gold / Silver ratio near 2016 lows could be a harbinger of a precious metals rally

1052 days ago

Another way to look at the Gold - Bitcoin rotation -> GC/BTC chart bottoming ?

Relative price chart of Gold versus Bitcoin has been in a long downtrend since gold topped last year. Did it just bottom out?

#Commodities
Another way to look at the Gold - Bitcoin rotation -> GC/BTC chart bottoming ?

1052 days ago

Oatly Group looking for IPO is met with crowded milk market

The much anticipated Swedish producer of oat-based milk and dairy alternatives will finally make its US IPO debut later this week. Oatly is looking to raise as much as $1.65B for a market value of $10.1B. Pricing will be between $15 and $17 for what could be 7X forecasted 2022 revenues. Oatly is the second best milk-alternative brand in Western Europe comprising 9.2% of the market.

#Commodities

1052 days ago

Oil price hits a 2-year high - West reopening optimism offsets India & Taiwan covid setback

WTI crude oil futures settled at the highest in 2 years on Monday in a daily ramp that took the price out of 2-month consolidation under $65 per barrel.

#Commodities
Oil price hits a 2-year high - West reopening optimism offsets India & Taiwan covid setback

1052 days ago

Falling trees... lumber prices descend for 6th day straight

Lumber prices ease further this week despite a relatively high spot price on a historical basis. In the past few trading days the price has fallen about 19% and the futures curve has been in backwardation--which is when the futures prices are below the spot price. Traders should expect the supply constraints to ease and the price to henceforth fall.

#Commodities
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