sedek

Weekly Market Commentary: May 19th - May 23rd

Thanks for the information. Well done.

Commodities Experiencing a Record Sell-Off

The correction looks like profit taking turning into a stampede. As the fundamentals haven't changed for the Dollar, I see this as an eventual buying opportunity, probably around $800 and <$90. The American Dollar still lacks fiscal discipline from either the FR or the US government and I see no signs of discipline being restored in an election year, so see the commodities drops as a reverse bubble, irrational depression, and a short opportunity till then.