No Reason to Sell Crude Oil Or Gold Futures

The domestic demand for oil is still up with the upcoming holiday in May, so there is probably a floor in crude oil (/CL) right now, says Bob Iaccino, Chief Strategist, Path Trading Partners. He and Ben discuss the loosening of the China lockdowns and the effect of the Russia-Ukraine war. He thinks the next breakout in crude is to the upside, with strong demand and ongoing supply problems. He is long gold (/GC) and doesn't have a reason to sell it. Bob and Ben analyze other metals including palladium (/PA), copper (/HG), and silver (SI). Lastly, they discuss grain futures and bitcoin (/BTC).