Taking stock of what has happened. The last week has seen dramatic moves in commodities and none more so than in Gold. There is lots of speculation as to what has caused this selling of commodities but the simple matter of fact is that there were more sellers than buyers at the levels of last […]
The decline in Commodities opens the window for deflation
The decline in Commodities opens the window for deflation.- so US 10yr yields look cheap at 1.82%! The sell-off in commodities started in Asia yesterday after the US had marched the complex higher on Friday on optimism that the weak US employment report could stir the Fed into QE3. Steep falls with Copper down near […]