$CRB…Back to the Future
The most long lived and quoted Commodity Index in The Market.
Chartology 101
Breakouts get Backtested Often
Chartology 2.0
Strong Support once broken becomes strong resistance .
Anyone agree these are the scariest charts on the planet right now and also the most unambiguous ?
sheesh…now I depressed myself.
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Pollyanna the Pony (“Everything is fine”…look at all this Hay)
Mojo the Donkey ( My Ass it’s Fine , If you keep shitting and pissing on it soon we’ll be eating bark again)
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added
So lower Commodity Prices ( deflation) is Bad for Gold right >?
Not not right. When Gold trades even with Commodities…its a commodity. When it trades stronger its a monetary metal.