paid Crude Oil • 2 min read Oil's Slippery Slope The Saudis are kicking the barrel down the road. Saudi Energy Minister Prince Abdulaziz bin Salman announced an extra 1…
paid Commodities • 2 min read No Boom, No Bust Our Boom-Bust Barometer (BBB) fell into an unprecedented abyss during the pandemic lockdown in early 2020 (chart). Our BBB is…
public Commodities • 1 min read Why Is Gold Shining Again? Gold is a commodity priced in dollars. Like other commodities priced in dollars, the gold price is inversely correlated with…
public Commodities • 2 min read Copper, Mortgages, GDP, Breadth & Sentiment Yesterday, the World Bank slashed its 2023 global economic growth rate outlook to 1.7% from its earlier projection of…
public China • 1 min read China's Zero-Covid Policy Is A Disaster Investors are hoping that the Chinese government will soon ease its zero-Covid policies. The facts on the ground suggest that…
public Bonds • 1 min read Copper, Gold, Bonds & Stocks The ratio of the nearby futures prices of copper to gold has been falling lately. The ratio has been a remarkably good indicator for the 10-year US Treasury bond yield.…
paid Inflation • 1 min read Will June's CPI Inflation Rate Be the Peak? June’s CPI will be out tomorrow. Bloomberg is showing consensus estimates of up 1.1% m/m (8.8%…
public Inflation • 1 min read Gold Losing Its Shine Gold hasn't been a good hedge against inflation over the past highly inflationary year. That's not surprising since this precious…
paid Commodities • 1 min read The Dollar, Commodities, Bonds & Stocks What's weighing on the price of oil? We are watching the age-old adage at work: The best cure for high…
paid China • 1 min read Will Covid Zero Be Followed by Higher Inflation? China's experience with Covid Zero raises the age-old question of whether the cure is worse than the disease. For global…
paid Commodities • 1 min read Dr. Copper May Be Signaling Peak Inflation Dr. Copper, the base metal with a PhD in economics, may be signaling a top in the CRB raw industrials…
paid Commodities • 1 min read The Best Cure for High Commodity Prices In the commodity pits, traders often say: "The best cure for high commodity prices is high commodity prices." That's because…