Lots of deflation in the air. We could get a repeat of autumn 2008 into spring 2009 which was a deflationary panic. WTI at $40 is dramatic! Natural gas in down about 33% from a year ago. Copper...way way down and copper is an industrial activity indicator. China used to hoard copper ingots and store them outside. Hoarding them in anticipation of the copper being needed for manufacturing electronics and more and for wiring new buildings and laying electric cable
Overseas markets open later today. Overseas Futures markets indicating another big drop ahead .... Very gloomy report from commodities insider, if Internet posting to be believed... Using words like “ never seen before”... Major manipulation expected by TPTB.... Insider saying not gonna work this time
Uh oh, gotta go, helicopter just flew over my house .... Lol!