2021-06-16

Copper Double Top

Time to get back on the deflation train. Not much risk here given the proximity to the horizontal. How long it lasts, we'll have to see. I do see a political scenario where the feds are done and no more stimulus is coming until 2025. The Federal Reserve is done being effective until they increase their powers, but that will require another 2016 or at least another 2018 correction.

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