Ann: General Security Agreement, page-669

@ASXO

Few interesting developments that validates a positive market sentiment shift, but for it to continue, need the CPI figures released next week to be above 1.7, which i think it will.

Reasons Below

• Texas Storms & Transportation Disruptions
• Suez Canal & Supply disruption
• Higher Crude Oil Prices in March Then Feb
• US Net importers of oil
• Increasing Current Account Deficit
• Rising Local Producer Prices
• Rising Utility Infrastructure Services Prices

If Inflation shoots above 2%, 10Yr Yield around 1.65%, Crude Oil around $60 expect to see POG back above $1850. Expecting some strong sharp rises in the inflation numbers over the next 3-4 months.

Also the trading volumes on the futures market this week has fallen off a cliff, explains the organic price movements.