Commodities index reversed at the most possible area
What a great run was this of course, up more than 200%.
Starting to approach possible demand zones, while the correlation to dollar index remains strong on a yearly basis.
If this doesn't prove the emergency of global needs towards commodities and shortages, I don't know what else can prove it.
More often than not, commodities trade inversely to dollar index. Under current states of affair, when the global liquidity system is
in shortage of dollars and commodities too, due to the upcoming energy shock, global unrest and social tensions will be on the rise from now on for the foreseeable future.
Plan accordingly and stay safe,
Cheers,
Pantheo
Starting to approach possible demand zones, while the correlation to dollar index remains strong on a yearly basis.
If this doesn't prove the emergency of global needs towards commodities and shortages, I don't know what else can prove it.
More often than not, commodities trade inversely to dollar index. Under current states of affair, when the global liquidity system is
in shortage of dollars and commodities too, due to the upcoming energy shock, global unrest and social tensions will be on the rise from now on for the foreseeable future.
Plan accordingly and stay safe,
Cheers,
Pantheo
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