Today, we want to draw attention to the price differences now versus a year ago for multiple assets. While some commodities make a case for the reacceleration of inflation (presuming they continue higher), others do not. We would like to hear your opinion on the subject. Also, feel free to share any other assets we omitted.
Illustration 1.01 Illustration 1.01 shows the daily chart of USOIL (WTI oil), down approximately 2.7% compared to the price 365 days ago.
Illustration 1.02 Illustration 1.02 displays the daily chart of Copper CFD. Its price is up about 11% versus a year ago.
Illustration 1.03 The picture above portrays the daily chart of Aluminium futures, which are nearly flat compared to the price 365 days ago.
Illustration 1.04 Illustration 1.04 shows the daily chart of Platinum CFD. This commodity is up slightly more than 15% versus a year ago.
Illustration 1.05 Illustration 1.05 displays the daily chart of Corn. In the last 365 days, corn lost about 27% of its value.
Illustration 1.06 The illustration above shows the daily chart of Rice futures down approximately 5% versus a year ago.
Illustration 1.07 Illustration 1.07 exhibits the daily chart of Pork cutout futures. The price of this commodity is down more than 6% versus a year ago.
Illustration 1.08 Illustration 1.08 presents a daily chart of Soybean futures. Within the past 365, Soybean futures lost about 3% of their value.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
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