Degenerate Business School artwork

Should you ever buy Commodities?

Degenerate Business School

English - June 20, 2021 00:00 - 26 minutes - 18.1 MB - ★★★★★ - 16 ratings
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The Fed convenes, tending towards hawkishness and signaling they might raise rates sooner than expected. What followed? A correction in commodities and a surge in tech. Having missed the rally in Copper underpinned by the EV revolution, I ask the ignorant question, is this a buy and hold opportunity for CPER? Furthermore, I ask, will there ever be a good time to buy Gold as an inflation hedge. Or has it been supplanted by Bitcoin in this respect.

We return to 10 year yields and the creator of charts, Carter Worth. His technical analysis suggests yields are likely to subside from 1.443% to 1.25% and bucking consensus. Thus are we poised for a breakout in Growth stocks (or am I dreaming). 

Then we turn to Crypto, where Mark Cuban was "rugged" by the de-fi token Titan. Tough one. But this is the way of the Crypto revolution.