WaveTrack International

Elliott Wave Financial Price Forecasting

Commodities Outlook 2024 Video is now available!

by WaveTrack International| January 24, 2024 | No Comments

Commodities Video Outlook 2024
Commodities Video Outlook 2024

We’re pleased to announce the publication of WaveTrack’s annual Triple Video Outlook 2024 of medium-term ELLIOTT WAVE price-forecasts. Today’s release is PART II, COMMODITIES – Part I was released last month and Part III will be published in late-February / beginning of March 2024…


Commodities Forecast Highlights 2024!

  • Higher-Rates-for-Longer Weigh Heavily Against Base Metals + Energy Markets during 2024
  • US$ Dollar Collapse sends Gold, Silver, Platinum, Palladium Surging Higher
  • Commodities – Head and Tail Winds for 2024

    In the ever-evolving landscape, our 2024 analysis begins by scrutinizing the main drivers shaping COMMODITY prices. Uncover potential headwinds, including the impact of prolonged higher interest rates, a looming commercial real estate refinancing wave exceeding $117 billion, and the repercussions of China’s economic stagnation linked to property sector loan backlogs. A silver lining emerges with a declining dollar, offering introspective opportunities, particularly for precious metals.

    Venture into our analysis on Commodity vs. Equity valuations, addressing the pertinent question of undervalued commodities or overinflated equity valuations—or perhaps both!

    Fig #1 - Ratio Chart: CRB Index / SP500 - by WaveTrack International Commodities Outlook 2024!

    Fig #1 – Ratio Chart: CRB Index / SP500 – by WaveTrack International Commodities Outlook 2024!

    Anticipating Market Movements: A Glimpse into the Future

    Our unique perspective on the evolution of commodity prices from the financial-crisis lows reveals a divergence from the ELLIOTT WAVE pattern within the SECULAR-BULL uptrend for global STOCK MARKETS. The birth of the term INFLATION-POP signals a cycle driving inflation to levels not seen since the 1970s, presenting an unprecedented opportunity for traders in the 21st century.

    For those with memories of the late-1970s inflation surge, the current scenario seems like a cyclical repetition, offering a degree of predictability. Despite commodities surging post-pandemic, the past 18-24 months have witnessed corrections within the upward cycle. Brace yourselves for potential downside pressure this year. Now, setting the stage for a resilient bottom and another significant price rise into 2025/27.

    Commodities Video Outlook 2024

    With this new Commodities video you will review over 87 individual commodity contracts and Fibonacci Price Ratios within three main sub-sectors, Base Metals, Precious Metals, Precious and Base Metal Miners and Energy.

    Don’t miss your chance to access this premium content, meticulously crafted to empower traders like you. Join us as we unveil the latest trends, strategies, and market analyses that will shape your success in the dynamic world of commodities.


    Peter Goodburn & EW-team

    Commodities Video Outlook 2024 Part II/III

    Contents: 87 charts
    Time: 2 hours 13 mins.

    • FED, Interest Rate, Inflation charts
    • US 10yr Yield Cycle
    • Commercial Real Estate Collapse
    • US Dollar index + Cycles
    • CRB-Cash index + Cycles
    • Food and Agriculture Index
    • DB PowerShares Agriculture Fund
    • Copper
    • Aluminium
    • Lead
    • Zinc
    • XME Metals & Mining Index
    • BHP-Billiton
    • Freeport McMoran
    • Antofagasta
    • Anglo American
    • Glencore
    • Rio Tinto
    • Vale
    • Iron Ore
    • Uranium
    • Rare Earths
    • Gold
    • Gold-Silver Ratio
    • Silver
    • Platinum/Silver Ratio
    • Platinum
    • Palladium/SP500 Ratio
    • Palladium/Gold Ratio
    • Palladium/Platinum Ratio
    • Palladium
    • GDX Gold Miners Index
    • Newmont Mining
    • Amer Barrick Gold
    • Agnico Eagle Mines
    • AngloGold Ashanti
    • XAU Gold/Silver Index
    • Crude Oil
    • Brent Oil
    • Gasoline RBOB
    • Natural Gas
    • TTF Natural Gas
    • XLE Energy SPDR
    • XOP Oil and Gas Index

    How can you purchase the video?

    1. Single Commodities Video! Simply click on this PayPal payment link for the Commodities Video Outlook 2024 for USD 49.00 (for non-EU clients). Please note that it can take up to 6 hours until you receive this video.
    2. Triple Video! Simply click on this PayPal payment link for the Triple Video Outlook 2024 for USD 99.00 (for non-EU clients). This covers Stock Indices, Commodities and Currencies + Interest Rates. Please note that it can take up to 6 hours until you receive this video.
    3. Additionally, we now offer as well payment via credit card payment link – For the credit card payment option please Contact us @ services@wavetrack.com and state if you like to purchase the Commodities Single video for USD 49.00 + VAT* or the Triple Video for USD 99.00 +VAT*?. Thank you.

  • Each video runs for at least up to 2 hours and it’s packed with SPECIFIC Elliott Wave price-forecasts (the Stock Indices Video is 2 hour 29 mins long!).
  • *(additional VAT may be added depending on your country – currently US, Canada, Asia have no added VAT but most European countries do)

    We’re sure you’ll reap the benefits – don’t forget to contact us with any Elliott Wave questions – Peter is always keen to hear you views, queries and comments.

    Visit us @ www.wavetrack.com

    We’re sure you’ll reap the benefits. Don’t forget to contact us with any Elliott Wave questions. Our EW-team is always keen to hear your views, queries, and comments.

    Visit us @ www.wavetrack.com


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    About WTI

    WaveTrack International is a financial price forecasting company dedicated to the Elliott Wave principle and work of the R.N. Elliott. Clients include Investment Banks, Pension Funds, Total/Absolute-Return/Hedge Funds, Sovereign Wealth Funds, Corporate and Market-Making/Trading institutions and informed individuals -- & just about anyone who is affected by directional price change.

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