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The higher USD pushing down commodities

Cory댊
March 23, 2021

Chris Vermeulen, Founder of The Technical Traders joins me to share his thoughts on the rising USD and it’s impact on commodities. We start with how high the charts are saying the Dollar could move. Then over to oil which has dropped below $60/barrel. Then over the the precious metals as now silver and the miners are leading gold lower again.

Click here to visit The Technical Traders website.

Discussion
3 Comments
    Mar 23, 2021 23:56 PM

    Michael Gayed: Fed Has Destroyed All Stores of Value

    Palisade Radio – March 22, 2021

    “Tom welcomes returning guest Michael Gayed, Portfolio Manager at Toroso Asset Management, to the show. Michael is the author and publisher of the Lead-Lag Report.”

    “He watches the behavior of utilities and treasuries to determine market conditions.”

    https://youtu.be/OkKd7LG22aQ

    Mar 23, 2021 23:58 PM

    Oil Prices Fall Further After API Reports Crude Inventory Build

    By Julianne Geiger – Mar 23, 2021

    https://oilprice.com/Latest-Energy-News/World-News/Oil-Prices-Fall-Further-After-API-Reports-Crude-Inventory-Build.html

    Mar 23, 2021 23:02 PM

    Chris you talk a good game but your BAN system bought XOP and your down today at close 12 percent. Why ban system but if you thing oil already had a run and was due for sell off, now you got hope you get a bounce.
    BAN ???