Marc Chandler – Outlook On The US Dollar, Fed Policy Expectations, Commodities, Gold, and Oil

Shad Marquitz
November 24, 2023

Marc Chandler, Managing Partner at Bannockburn Global ForEx and Editor of the Marc to Market website, joins us review his outlook on the US dollar, Fed policy expectations, the commodities sector, gold prices, and the oil markets.


We start off getting Marc’s technical levels to watch in the US dollar, and if he feels we’ve seen the top in the greenback, and how other currencies are moving.  Next we discuss some of the key macroeconomic data around inflation, jobs numbers, retail sales, and how it all ties into expectations around Fed policy decisions. We get into how the gold price has responded and his technical outlook on the yellow metal, as well as fundamental drivers.  Marc shares his overall outlook on the commodities sector, and highlights China’s focus on growth behind some of the moves we’ve seen in iron ore, copper, and aluminum.  We wrap up parsing the global forces at work keeping oil and the energy sector quite volatile.




Click here to visit Marc’s website – Marc to Market.

    Nov 24, 2023 24:37 PM

    I miss the boom times in commodities, when they come back, we won’t have to listen to the sad stories. Most things in life are boom or bust. Remember BRE-X it was a fantastic story of sudden fortunes. Tens of thousands speculating without the slightest knowledge of the nature of the company upon whose fortunes they were relying, like the people who bought Nortel Communications under the impression that it could only go up. They didn’t care about what was happening behind the scenes, all they cared about was that they were ready to reap the benefits and the fruits thereof.

    You see what I mean it is silly and stupid to bemoan about the corruption and the crime day after day that goes on behind the scenes because we all want to be rich, it doesn’t matter whether you are a plumber, a shoe-shine boy, a seamstress, an artist or an intellectual, our society is built on greed and a lot of good as well as bad comes out of human nature. That is what defines our species. DT

      Nov 24, 2023 24:42 PM

      By the way my rant above was not directed at anyone individual it was only meant to set the record straight! LOL! DT

        Nov 24, 2023 24:18 PM

        Go get your shoe-shine box and get to work.

          Nov 24, 2023 24:50 PM

          Brumple, it’s time for you to go back to the Nursing home, have a nap and take your meds! LOL! DT🤣

            Nov 25, 2023 25:21 PM

            You are the one needs to go in a olk folks home

      Nov 26, 2023 26:37 AM

      Hi Jerry:

      Do you know what Don Rickles said to Frank Sinatra, “FRANK ITS OVER!” 😉

    Nov 25, 2023 25:28 AM

    Wild Turkey above video….. enjoy…..

    Nov 26, 2023 26:08 AM

    In addition to the “facts” of price manipulation similar to the ones I listed under the Michael Oliver interview that are reported by “Save Canadian Mining”, there is also a Federal District Court case recently reported in the Southern District of New York which should be read in its entirety or summaries that are readily available.

    The Csse was issued by Justice Lorna Schofield and cited as Harrington Global Opportunity Fund Ltd vs CIBC World Markets Inc, et al and one of the main findings was that “broker-dealers may be primarily liable for manipulative practices initiated by their customers because the dealer-brokers serve as ‘Gate-Keepers’ of trading on securities exchanges”.

    Charges against the Defendants included Spoofing, Market Manipulation and Illegal Naked Short Selling (Let the Charges sink in for a moment. Then think about who has been found liable to control these illegal activities. Your Broker).

    It was also determined by the Court based on the data and evidence provided that “Illegal Naked Shorting was described as a Financial Weapon of Mass Destruction”.

    This will be a foundational Case in the US moving forward containing the “basis of proof” for future complaints. Save Canada Mining and its associated members and parties of interest, also intend to use Harrington to establish similar rulings throughout Canada.

    Sometimes it matters to object to those that chose to take another’s property by criminal means instead of falling prey to a corrupted system and accept it as a “cost of doing business. “Crime is not a cost of doing business”.

      Nov 26, 2023 26:34 AM

      I should mention that Eric Sprott is a supporter of Save Canadian Mining and during the Emergency Meeting last Friday, appealed to CEOs of (particularly) Junior Miners with Market Caps less than $250 million, to file complaints using not only The Harrington case but the services of the data companies associated with Save Canada Mining ,who can “prove” the manipulation with data collection specific to an individual mining company and brokerage firm. Who is going to tell Eric Sprott to stop fighting corruption?