Coffee

Great day for coffee bulls.

 

Looking solid. Chart is missing volume, which was substantially higher during 2018 through 2020 compared to average of other years.

 

Outside of gold, this is the nicest chart in the commodities space right now.

 

I prefer the way silver's chart looks, 50 bucks? I think it's quite possible considering the climate.

 

lookin' good. Is that the paid version of stockcharts.com?

 

Yep. IMO the cleanest & best charts to come up with swing trading plans.

 

what's that go for, 25$ mo?

 

Something like that, I don't remember.

 

Silver is a great chart and I own it- the problem with silver is it’s volatility. It’s not a commodity you can load up on without getting big prints in the opposite direction you have trouble handing. Solver also laughs at your loose stops, hits them and flips around. It takes everyone out with it. Silver is always a half position, unfortunately. But yes, as long as gold is ripping, I expect silver to rip faster.

 

It's amazing to think that the highest price Silver ever reached was 41 years ago. (Higher in nominal terms than the peak in 2011, and much higher when adjusted for inflation.)

https://www.macrotrends.net/1470/historical-silver-prices-100-year-chart