INTERESTING PRICE DEVELOPMENTS DURING LAST WEEK ENDED 24th October 2015:
This is War – The Empire is Striking Back
The forces of global deflation came hard yet again last week with falling prices in commodities, food inputs, oil, gas, industrial metals. So the central bankers showed the first signs of real panic in Europe and China and launched BAZOOKA actions that caused the US Dollar to skyrocket.
Result? The strong US Dollar will cause more deflation of prices. By definition, any rise in the US Dollar must cause commodities expressed in US Dollars to FALL. Can someone please tell Mario?
Round and round we go …… Will the Central Bankers ever learn?
THEY are now the very centre of the problem.
1. MAJOR WESTERN STOCK MARKETS RISE STRONGLY
2. OIL & NATURAL GAS FALL SHARPLY
3. COMMODITIES FALLING AGAIN
4. FOOD INPUT PRICES FALL
5. INDUSTRIAL METALS FALLING
5. US DOLLAR SKYROCKETS UP
(AGAINST EURO, YEN, SWISS FRANC)
SCROLL DOWN FOR THE CHARTS Or you can …..
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All Charts presented are Daily Charts over the last 6 MONTHS time frame
Arrows indicate PAST price action (not future). No predictions are implied from past action.
Comments refer to last week’s price action, the week ended 24th October 2015.
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PLEASE NOTE — Many charts are ETF’s from NY Market (not the base commodity or currency etc).
The NY Stock Code is in the Top Left Hand Corner of each chart.
Charts are produced from http://www.incrediblecharts.com and http://www.stockcharts.com
NOTABLE PRICE CHANGES OVER THE LAST WEEK ENDED 24th October 2015
Comments refer to last week’s price action. Arrows indicate PAST price action (not future)
RISING PRICES LAST WEEK —
FALLING PRICES LAST WEEK –
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