time to eat humble cake ..., page-29

The USD is doing some weird backflips at the moment.

I think we should therefore be looking at and judging oil,gold and commodities in terms of Euro or AUD until the USD decides which way it's heading and settles back down.

i dont think we are seeing the collapse of commodities - more a rapidly strengthening US dollar.
We are seeing global commodities from the perspective of one country - the US. How sensible is that ?


Seeing these are world commodities perhaps we should have always been drawing charts using a world mean currency rather than the USD.