Big Picture Update on Commodities & Precious Metals

Some monthly charts of interest in the commodity sector, including precious metals. CRB Index dwells below key resistance. A break of 200 would target around 250 in 2018. CRB/SPX Ratio shows the utter devastation of the Goldilocks era of Central Bank inflation with no apparent consequences. This is not likely to last. WTI Crude Oil sits below resistance at 62-63, with a target of 75. … Continue reading Big Picture Update on Commodities & Precious Metals