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A very good simplification of the elements of conditions.
Mar 10 06:55 am
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All Comments by R. Richard Schweitzer »Commodities' Surging Price: The Fed Connection [View article]
Reminder of "Regressions to the Mean" are also in order.
However, the stats on "stockpiles" and rates of movements and uses (shipping, conversions, etc.) with respect to specific commodities (as opposed to a broad, generalized commodities "index") should be taken as an indicator of relative demand; and thus, of the relative weight of demand in "relative " (per currencies) prices.
No one test or experiment will be "conclusive," though the results might be indicative of something unexpected!