Are Commodities Reversing or Consolidating? [View article]
I just made a chart of the ratio of the CRB to the S&P500 and a chart of the ratio of the CRB to gold. Total surprise! Against the S&P500, the CRB trades at the lowest levels in more than 10 years!!! Against gold, it trades at the lowest level in more than 20 years!!!
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I just made a chart of the ratio of the CRB to the S&P500 and a chart of the ratio of the CRB to gold.
Jul 19 20:51 pm
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All Comments by dieuwer »Are Commodities Reversing or Consolidating? [View article]
Total surprise! Against the S&P500, the CRB trades at the lowest levels in more than 10 years!!! Against gold, it trades at the lowest level in more than 20 years!!!
Commodities are in a total anti-bubble...