Andy Hecht
Andy Hecht covers Commodities and Forex as one of the original contributing analysts at FATRADER.com. A former senior trader at one of the world’s leading commodities trading houses, Philipp Brothers (now part of Citigroup), Andy has worked and consulted for banks, hedge funds, and commodities producers and consumers around the world for over 35 years.
Andy Hecht Articles
Starting and June and through the beginning of September, gold and silver prices were back in bullish mode. Gold rose to its highest price since 2013 and silver to its peak since 2016. The nearby gold futures contract traded up to a high...
Crude oil is the energy commodity that powers the world. Over half of the world’s petroleum reserves are in the Middle East, which is the most turbulent political region on the face of the earth. Meanwhile, the United States is the leading...
No one said it would be easy for the laggard. Platinum made some strides, but it failed to get to the critical level. Platinum remains the precious bargain. Buying the dip using futures to take delivery. PLTM for those who do not want to...
After a very bullish summer, it was a week of reversals in the metals markets. The impact of gravity hit the gold and silver markets late last week after both had made new highs. Meanwhile, copper went the other way as the early week new...
Gold is a safe haven asset that market participants tend to flock to during periods of fear, uncertainty, and inflation. The yellow metal is both a commodity and a financial asset, making it unique. Along with its many industrial and...
Fundamentals are the supply and demand characteristics of a market that can drive prices higher or lower. I tend to base decisions on the medium to long-term path of least resistance for prices from a raw material’s fundamentals.
Higher interest rates and a stronger dollar tend to be a potent bearish cocktail for gold and silver prices. On Friday, March 1, the most widely traded precious metals markets received another reminder of how they love to take the stairs...
