The Commodity Report #73
Respect the trend - inflation continues to trend down but also continues to surprise on the upside in terms of analysts’ expectations.
247 Views
The Commodity Report #64
Here is what is structurally wrong in the way leaders/politicians and people in general talk about the green transition, about fossil fuels, oil,...
254 Views
The Commodity Report #59
The benchmark, CRB Commodity Index, ended the week 1,4% lower. What bottoms usually first? Bonds! While we may be some weeks off the low in the...
366 Views
The Commodity Report #58
The benchmark, CRB Commodity Index, ended the week 1,2% lower. The news of the week was probably that the Atlanta FED changed its GDP now forecast...
363 Views
Kicking the Gold Valuation Models
The bad news is the latest calibration brings down the constant from 4 to 3.54. That takes fair value from $2,061 to $1,824. The good news is that...
504 Views