On March 5, we noted that the S&P GSCI Industrial Metals Index was “Hanging On The Precipice” of a major long-term support level. At the time,…
Tagged $GSG
Economically Key Industrial Metals Space Hanging On Precipice
The theme of many of our posts and Charts Of The Day during this 1st quarter has revolved around the “D-Word”: Deflation. Whether it’s financial…
It’s Make Or Break Time For Commodities
In 2001, after having been mired in a secular bear market for more than 20 years, commodities embarked on a new bull market. The Reuters/Jefferies…
Commodity Spotlight: Besieged CRB Index At Key Level
After a strong performance in the 1st half of the year, the Reuters-Jefferies CRB Index has been under significant pressure lately. It is down 8% in…