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Soybean futures have been trending higher since reaching a low of $8.0825 per bushel in April 2020. The rally intensified when the price rose above the $9.50 level in late August. The move over the February 2018 high and critical technical resistance level at $10.71 in October set the oilseed futures on a path for beans in the teens for the first time since 2014....
6
At the turn of this century, gold was trading below $300 per ounce. The yellow metal traded to a low just above $250 in 1999 and 2011 as the Bank of England liquidated half the United Kingdom’s holdings. London is the hub of the international gold market. While the UK auctioned off their national treasure, other central banks and governments did not follow....
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