Monkey
There has been this idea of a super bull of 20 years in commodities.
Laundry has used the idea of 20 years bear in gold to suggest 20 years up.
Maybe some may prove me wrong but a 20 year bull in commodities is not something I can see from history.
Yes, there is an example of 20 years when being in commodities was better than equities BUT that didn't mean 20 years up in commodities itself.
We have had nearly 10 years up in gold and from my research that is as good as it gets.
I believe Armstrong called for a top in commodities in 2008 or an extension into 2011 or was it 2012.
2008 was a major top and yep we are going higher.
Maybe it can do 20 years but I find it hard to believe it without some major pause.
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