Commodities Fly as Dollar Plummets

By Murray Dawes, Friday, 27 June 2025

With war uncertainty gone it is risk-on in markets. The US Dollar plunge is putting a rocket under a bunch of commodities. Murray shows you which ones.

The relentless rise in stocks continues with the S&P 500 and Nasdaq busting out to new all-time highs with plenty of momentum behind them.

The ASX 200 isn’t that far behind with the all-time high just 1% above the current price.

The tariff tantrum seems long ago, with the Israel/Iran war taking up all the headlines.

Now that the uncertainty around the war seems to have evaporated, the safe haven bids are reversing and risk-on seems to be the name of the game.

In today’s Closing Bell Murray looks at the precarious situation in the US Dollar Index and how that can feed into strengthening commodity prices.

Platinum, palladium, uranium, and copper are all running hard with more upside expected.

Murray points out just how high they could go in the next bull run and why there’s still time to jump on board.

Callum finishes up with a warning about the vagaries if trusting AI but points out that the bull market in stocks may be just getting started if AI fulfils its promise to put a rocket under productivity.

Now that tax loss selling season is over and stocks are flying, it is a perfect time to start running the ruler over the beaten up microcap sector which could play catch up and start outperforming larger stocks.

We have brought on a microcap specialist to do just that. So if you like having a punt on stocks with a market cap of less than $200m that could become multibaggers, check out this presentation that will end on Tuesday.

Regards,

Murray Dawes Signature

Murray Dawes,
Editor, Retirement Trader and Fat Tail Microcaps

All advice is general advice and has not taken into account your personal circumstances.

Please seek independent financial advice regarding your own situation, or if in doubt about the suitability of an investment.

Comments

Subscribe

3 Comments

Inline Feedbacks

View all comments

Murray Dawes is our resident expert trader and portfolio manager. He is a former Sydney Futures Exchange floor trader who went on to design custom trading systems and strategies for ultra-wealthy clients (including one of Australia’s richest families). Today, his mission is to help ordinary Aussie investors make profitable investments, while expertly managing risk.

He uses his proprietary system for his more conversative and longer-term-focused service Retirement Trader…and then applies the same system to the ultra-speculative end of the Australian market in Fat Tail Microcaps (this service is strictly limited and via invitation only).

Murray’s Premium Subscriptions

Retirement Trader

The Pros Got Crushed… What That Means for You
By Murray Dawes

Markets have just ripped higher, with the S&P 500 surging 15% in less than two weeks. But beneath the surface, things aren’t nearly as strong as they look.
The Great Energy Pivot: Rewriting the Oil Trade [Part IV]
By James Cooper

In this final edition, we outline why controlling global oil could be the US’s last weapon in hanging onto its decades-long hegemony. Control the Oil. Control the World.
The Last Barrels
By Charlie Ormond

Australia’s fuel vulnerability just went from theoretical to very real overnight.

All advice is general in nature and has not taken into account your personal circumstances. Please seek independent financial advice regarding your own situation, or if in doubt about the suitability of an investment.

The value of any investment and the income derived from it can go down as well as up. Never invest more than you can afford to lose and keep in mind the ultimate risk is that you can lose whatever you’ve invested. While useful for detecting patterns, the past is not a guide to future performance. Some figures contained in our reports are forecasts and may not be a reliable indicator of future results. Any actual or potential gains in these reports may not include taxes, brokerage commissions, or associated fees.