This is why the stock market and commodities are relentlessly going higher:

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We have witnessed 55 global central bank cuts over the past 6 months. pic.twitter.com/OMmmknu96m

— Piker Capital (@PikerCapital) March 25, 2024

Commodities are cheap in relation to stocks if this historical relationship holds. PPI is basically spot prices of commodities. Was a little inspired by a recent post by @WinfieldSmart pic.twitter.com/7hHWVjHGPY

— Torbjörn Iwarson (@TorbjornIwarson) March 24, 2024

After all looks like gold is going to test sub $2,145 level before turning back up higher.
As gold continues to through out shenanigans, miners continues to get more and more confused. But these games to end soon… pic.twitter.com/7WPXrt1KeE

— Rashad Hajiyev (@hajiyev_rashad) March 22, 2024

See also Rising debt signals potential repeat of 1970s double-digit mortgage rates. If gold repeats 1970s parabola move. The largest bull market in history will be in gold.

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