Loading ...Yeah, I read that article and there’s definitely some confusing cross currents going on. I still can’t really understand the correlation with the USD as it seems to be falling with the commodities.
Maybe Farmboy and drb2 are onto something and a lot of this pm selling is contrived. Either that or the commodities are all just being dumped in one big basket – seems more likely.
At the end of the day, if the world goes into a deflationary spiral like the article would seem to suggest, the CB’s will have to pull out the stops to reflate. Doesn’t do much to ease the pain of the carnage now, but might help us down the road?