Loading ...Important note on the CRB LT Chart
The CRB changed its weighting rather dramatically in 2005 or so.
The only historical chart one can assess (re commodities) is the continuous commodity index which is pre-2005 CRB. Unfortunately stock charts stopped following that a few years ago.
Anyway, predictions of catastrophic deflation are based on a CRB which isn’t reality as todays CRB is totally different from pre-2005 CRB.
I’ve been focusing on the Bloomberg Commodity index and copper. Both seem to be hinting at a gradual build of inflationary pressures.
I guess we can say the same about a lot of indices…Like the Dow for instance
1950 Blue Chip Stocks have mostly been displaced and replaced
If I remember correctly Jordan I think the original $CRB had a name change to the $CCI ( continuous commodity index)
which still exists as an etf called GCC ( Wisdom continuous Commodity Index)
The New $CRB was an entirely new index with different weighting from the original $CRB…
The Original does live on as GCC however.
This is from memory but pretty sure it’s correct
So perhaps need to have a look at the GCC
See post above
Its different from your stock example Fully.
The components are the same but the weightings changed dramatically.