
I’ve told you before that back in the 1980s when I first got into this business, one of my favorite reads regarding the market was a weekly one-page cocoa futures report that I received via snail mail. That report cut right to the chase, with no fluff. Just bullet points on bullish and bearish elements presently impacting the cocoa futures market. So here goes on my effort to replicate that report but focusing on gold (GCZ25) and silver (SIU25) markets. At the end I’ll give you my biases on price direction.