[vc_row][vc_column][vc_separator border_width="5"][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]
Hello everyone,
CNBC is at it again!
"Commodities are posting their best returns in a decade and Goldman thinks there's more to come"
This is the sort of fanfare media you expect at a top of a cycle!
Here is what is really happening in the market,
Look at the divergence on display at opposite ends of the market.
The last time this happened was in 2014, just before a 75% decline in the oil price.
CNBC however,
is quite happy to drive people over a cliff buying oil etf's and going long in the futures market.
Exactly the wrong thing to do at exactly the wrong time to do it!
Times change - people dont!
Lets get down to business.
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_separator border_width="5"][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]
UPCOMING RISK EVENTS:
USD: OPEC-JMMC Meetings.
EUR: N/A.
GBP: N/A.
JPY: N/A.
[/vc_column_text][/vc_column][/vc_row]
[vc_row][vc_column][vc_column_text]
Wishing you all a happy and safe weekend!
God's speed to you all.
[/vc_column_text][/vc_column][/vc_row]
[vc_row][vc_column][vc_separator border_width="5"][/vc_column][/vc_row]