$CRB
Oldest Longest standing Commodity Index
Have you ever seen a move like this in any Market Ever ?
Price dropped back to the 1960s Briefly ( Back to the Future) before this Rocket Move
PS Rambus made an historic call for this Incredible drop.
Oldest Longest standing Commodity Index
Have you ever seen a move like this in any Market Ever ?
Price dropped back to the 1960s Briefly ( Back to the Future) before this Rocket Move
PS Rambus made an historic call for this Incredible drop.
Yep, sir Rambus knows Chartology.
The fact that it was cheaper than its level in 1973 is an absolute joke and a marvel of modern central banking IMO.
Maybe there will be hell to pay now, but IMO, it is still going to struggle with long term moving averages for years yet thanks to the action from 2011 to 2020. A lot of overhead resistance. An absolutely huge bubble is coming, but it is years away IMO.