Commodities Essential - May 24, 2011

A Dollar Story with a Timing Issue …  


I find merit in some of the arguments predicting a major market collapse, but I am not convinced that the timing is right. For much of the last two years I have been seeking out such a time when the liquidity-driven markets roll over; when it becomes clear that economic recovery has been artificially propped up by monetary policy; when we begin seeing 2008-financial-crisis-like deflationary trends reemerge. That time has not yet come; markets have flown in the face of any and all dire predictions … 


Commodities Essential. 24 May  


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