The Bloomberg Commodity Index is up 20% this year and on pace for its best year since 2003. This surge has not only fanned inflation fears, but it has created a bullish breakout in the long-term Bloomberg Commodity Index. As shown in the chart below, that points to more gains ahead for commodities overall. Should this occur, it could support the idea that inflation is more than transitory.
Here is a colorful chart showing (in green) one-month changes in prices, led car and trucks and energy.
Iron ore is rising today while gold and silver are falling.
Odd that The Fed didn’t mention M2 Money and M2 Velocity yesterday. Well, M2 Velocity (GDP/M2 Money) has crashed as M2 Money soared due to Covid.
Then again, The Fed is chowing down on US Treasury debt and Agency MBS.
Most of The Fed’s Treasury holdings (green) are short-term while agency MBS (yellow) are longer-term.
- Here is a detailed list of privacy oriented Search Engines I’ve found that won’t leave information conveniently under the rug
- You Will Be Shocked By How Much Money Is Being Pulled Out Of U.S. Banks, And Now The Biggest Bank In Germany Is In Trouble
- Weird war in Ukraine …
- This is how awesome Real Estate investments are in hyperinflation – Weimar example
- Walls are Closing In for Alvin Bragg. Rep. Marjorie Taylor Greene calls for his arrest
- Mexico ready for war against America, as 500,000 march in support of Mexican sovereignty/military intervention
- Germany on STRIKE – Largest strike in decades – No public transport, railroads, airports….everything!
- This Guy Absolutely Nails It…
- We’re Heading Into A Recession And The Machines Are Betting On A Big Market Crash
- Rothschilds took their bank private by paying out all shareholders a 28% bonus to get it done as fast as possible a few weeks before the crisis
Views: 6