TECHNICALLY, CRUDE HEADED TO $64

Technically means chart reading. Keep in mind that if charts worked there would be no markets

INFLATION COMING DOWN hard as crude and copper prices take big tumbles. Commodity Price Index (chart on left) is a very reliable inflation indicator because it includes food and energy, the stuff we actually use. Keep in mind that the Index is still very high, I traded it a few times when it was below 210, a figure we may never see again because gold and silver prices are so high. And if copper prices stay high ????, (lower chart). Copper could collapse only if world wide building boom ends, this is because copper's only real heavy use is in building construction. Copper has always been under $100 (chart).

Whoopsie, late add: Crude is about to crack through $65.