Crazy Commodities

Precious metals have been on a tear since the start of August.  Gold gets the most attention when metals rally, but surprisingly, it has gone up less than both Platinum and Silver since the parabolic rally began.  As shown below, Gold has rallied 44.17% since the start of August, while Silver has rallied 47.63% and Platinum has rallied a whopping 66.52%.  Next time you're at the jewelry store, remember that Gold is actually a bargain comparatively!

Looking at breakfast beverages, consumers are better off sticking with orange juice versus coffee at the moment.  As shown below, orange juice has failed to rally with all the other commodities and is currently trading at the bottom of its trading range.  Coffee, on the other hand, has soared and is currently trading more than 2 standard deviations above its 50-day moving average.

Subscribe to Bespoke Premium to receive more in-depth reports from Bespoke.