Cabot SX Gold & Metals Advisor
Clif Droke is the chief analyst of Cabot SX Gold & Metals. For over 20 years, he has worked as a writer, analyst, and editor of several market-oriented advisory services and has written several books on technical trading in the stock market, including Channel Buster: How to Trade the Most Profitable Chart Pattern and The Stock Market Cycles.
It’s a slow-moving market that rarely makes headlines, to be sure, but there’s no denying that titanium is among today’s best-performing metals, observes Clif Droke, resource sector expert and editor of Cabot SX Gold & Metals Advisor.
Along with the other precious metals, palladium has taken a bruising in recent months as a weakening global economy, combined with continued coronavirus-related restrictions in China, have diminished the metal’s demand profile, observes Clif Droke, editor of Cabot SX Gold & Metals Advisor.
Weakness persists in most metals — and commodities in general — as investors continue to worry about the heightened risk of another recession. Despite the bad news, however, there are some promising areas of strength, observes Clif Droke, editor of Cabot SX Gold & Metals Advisor.
A bullish catalyst for gold going forward is rising energy prices which, perhaps more than any single factor, underscore the extent to which inflation pressures are likely to persist, suggests Clif Droke, a specialist in mineral resources and editor of Cabot SX Gold & Metals Advisor.