Joel Elconin – Navigating a “Goldilocks” Market as Geopolitical Risks and Commodity Prices Rise
Markets continue to defy expectations, and even war headlines, as the S&P 500 flirts with all-time highs and commodity prices climb. In this interview, Joel Elconin, Co-Host of the PreMarket Prep Show and Co-Founder of the Stock Trader Network, returns to share his insights into what’s driving this resilient “Goldilocks” market.
Key topics discussed include:
- Why Joel calls this a “crazy” market: S&P rallies despite US missile strikes, geopolitical tensions, and mixed economic data.
- The Fed’s indecision and macro ‘nothing-burger’: Markets appear unbothered by mild inflation, slightly higher unemployment, and a divided Fed.
- Commodity breakout: Copper above $5, surging platinum, silver, and industrial metals hint at underlying growth and demand strength.
- US Dollar weakness: Down over 10% YTD, fueling both equity and commodity rallies while helping exports.
- Upcoming catalysts – or threats?: China, Iran, and Middle East escalation loom as the main wildcard risks.
- Joel’s technical take: What the S&P cash index is telling him heading into quarter-end and what levels matter most now.
Click here to visit Joel’s PreMarket Prep website.
West Red Lake Gold-News Explained-June 25th, 2025, Gwen Preston. This year they have sold 5,250 ounces of Gold at a price of $3330 per ounce US. Their recovery rate for the ore being milled is still 95%.
The mill is processing 650 tons per day and will be ramped up to 800 tons. The mine was shut down for 40 hours due to a fatality. It is fully operational again. DT
Sad to hear there was a fatality. Condolences to the family….not to seem callous or unfeeling but we discuss investments here so the obvious question here is any potential fallout. Mine was reopened is good. Potential lawsuit??? You follow it closely DT. Has that been discussed. Haven’t watched link yet. Just got up and that was my first thought after seeing your post.
Hi Wolfster, I am absolutely sure that West Red Lake Gold will do all that is necessary to look after their responsibilities in regard to the miner who lost his life and his family and to address any safety issues that may or may not have impacted this unfortunate matter. I can imagine the grief that people would feel in a small community like Red Lake Ontario. There has been no mention of a lawsuit, but like all things in life you never know what the future will bring. DT
Platinum………$1417 usd………. big move….
OOPS………… $1432….. looking good…… $400 in lies than 30 days…
oops………. small puke…….
I’ve got a personal bet with two of my buddies that WRLG will be over $1.06 after the market close on Tuesday July 15th, 2025. We all know the story behind this stock, but they are still skeptical after losing money on Pure Gold. Go Figure! LOL! DT