Levels Not Seen Since 2014 In Many Markets
Craig Hemke, Founder and Editor of TFMetalsReport.com joined me today to recap a number of markets that have moved broken into levels not seen since 2014. We look at the USD, oil, copper, and the bond market. For as slow as 2017 was this year is off to a much more noteworthy start.
Click here to visit Craig’s site for more metals commentary.
Click download link to listen on this device: Download Show
We’ve been discussing on here since the Autumn of last year that a fall in the US Dollar through the 91-92 support zone that the high 80’s (88) seems like the first target.
I agreed with Craig’s point that the Fed would like to see a slightly weaker dollar to stoke inflation in the economy, and obviously that would mean higher commodity prices.
Good interview guys.
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