Anyone who follows Jim Sinclair knows it's just a matter of time before the commodity prices swing around.....big time
Maybe that day is today.....big turnaround from this morning....gold on a tear as is copper and nickel
My understanding is this....simply put...
-- commodities are priced in $US
-- they keep printing $US to back paper that is worth nothing
-- this in turn lowers the value of the $US....makes $US kinda like monopoly $....the more they print, the lower the value for all that is out there
-- this in turn raises the price of the commodities which are priced in $US