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Clif Droke

Clif Droke is 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.”

From this author
Given the current housing market, you might think construction spending has taken a nosedive, but these infrastructure stocks are thriving.
Trend lines are the first tool in a technical trader’s toolbelt, and this trend line in particular can help you time new buys to maximize profit.
Inflation’s bullish impact on precious metals prices has been held back by dollar strength. That could be changing.

Investing in precious metals is normally seen as a good inflation hedge, but a strong dollar has held them back. That could be changing.
While gold remains under pressure from a strong dollar, producers of industrial metals like copper and steel are beginning to show signs of perking up. Booming demand from alternate energy applications is the big driver here.

Elsewhere, the global titanium supply crunch continues with no immediate relief in sight.

In the trading portfolio, two new positions are recommended, including a major steel producer and a titanium market player.
The experience for base and precious metals investors since March, when most metals peaked, has been something akin to Chinese water torture. To be sure, there have been periodic opportunities in select metals (and related industries) along the way. But the main trajectory for the sector has been steadily lower most of this year.
High inflation and an aggressive Fed have been headwinds for the stock market this year, but is a “November Surprise” in the cards?
Gold and silver have been under pressure from a strong dollar and higher interest rates, but there are signs that the metals’ dollar-related woes may be in the process of changing for the better. The global de-dollarization trend is a case in point, as we’ll discuss here.

Elsewhere, steel and copper are both trying to establish bottoms and are getting some help from a resurgent auto industry.

In the trading portfolio, no new positions are recommended for now as the broad financial market remains unsettled (with increased spillover risk into the metals).
Gold investing has plenty of influences, and the Fed is one of them. Here’s why the coming months could be good for gold bugs.
After a very rough first half of the year, there are signs the stock market is bottoming. Here are a five key indicators I look for.
The caffeine market is showing some pep - and it’s not all coffee. The following energy drink stocks are worth your attention.
How will we know when the worst of this bear market is behind us? These three ETF clues often telegraph what’s to come in the broad market.
Lost in the recent bout of stock market volatility is escalating currency volatility, with the dollar falling sharply. Here’s how to play it.
While metals have retreated in recent weeks, shares of shipping companies are on the rise. Here are my favorite shipping stocks and ETFs.
Big money investors are as bearish as they’ve at they’ve been in the last two decades. So it’s a good time to buy these safe haven ETFs.
Gold prices are in the midst of a major comeback. And Russia is having a more direct hand in the new gold bull market than you’ve heard.