I've decided to become a little cautious here and took off my leveraged gold positions. Silver recently went almost parabolic on extremely heavy volume and so I sense that the market could take a breather.
Economic activity around the world seems to cool down a little and interest rates are rising everywhere but in the USA. Key commodity prices like those of copper and grains are beginning to show weakness.
Sugar went from 35 Cents per pound in February to 22 Cents now and that could be a rewarding entry point.
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