The 'Commodity' segment, excerpted and expanded upon, from NFTRH 251:
The commodity complex is famous for a sort of 'Whack-a-Mole' quality to it. Do you remember back in the go-go days when it was NatGas (2005)? Uranium (2007)? Crude Oil (2008) and then a cluster of Copper (2011), Grains (2011) and Silver (2011)?
Well today none of them are doing much. Oil went up but could be topping, Copper went down but is bouncing hard, Uranium, Gas and Grains are nowhere. The result is this… Continue reading "Commodities, Precious Metals and Economic Contraction"