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Many might disagree with me with commodities, but i think commodities (oil & pm) are the buy of the decade here.

If you want to build a nice fortune, the opportunity is now.  Yes, it can go lower but the snap back will be fierce and fast.

 

 

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Not an expert here, but ... CRB index has changed since 2005. The one in the chart is the new reformulated index ...

There is an ETF, Ticker: GCC, which still tracks old CRB in case anyone is interested. Looking for a ETF that tracks new CRB ...

 

 

the benchmark was re-branded the Reuters/Jeffries CRB Index and underwent a major design overhaul. Prior to the overhaul, the CRB was an equally weighted index of 17 commodities

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During the 2005 rebranding, the CRB adopted a new methodology that more closely mimics the S&P GSCI and DJ-AIG commodity indexes. The "old CRB" -- now called the Continuous Commodity Index [CCI] - put a much smaller emphasis on energy and industrial metals—and a much larger emphasis on agricultural product—competing indexes.

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The full list of commodities included in the portfolio (Original CRB) are Corn, Wheat, Soybeans, Live Cattle, Lean Hogs, Gold, Silver, Copper, Cocoa, Coffee, Sugar #11, Cotton, Orange Juice, Platinum, Crude Oil, Heating Oil and Natural Gas.

...

major_commodity_indexes.jpg

 

 

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LATEST PRO TRADER REPORTS PRECIOUS METALS PRO Gold Breaks A Downtrend Line by Lee Adler •  December 21, 2015

Gold has broken its 2 month downtrend line, signaling that the 4 and 6-7 week cycles have probably bottomed while the 13 week cycle remains in a sideways up phase.

 

MARKET UPDATE PROMARKET UPDATE PRO WEEKLY EDITION,MARKET UPDATE PRO DAILY Market Remains Vulnerable To Sharp Break by Lee Adler •  December 20, 2015

The market fell to and through key support at 2010. If it doesn’t immediately rebound, the decline could pick up speed. Here’s what to look for.

 

MARKET UPDATE PROMARKET UPDATE PRO DAILY Cycle Screening Measures Weaken Again After Warning That Rally Was Bogus by Lee Adler •  December 20, 2015

Cycle screening measures weakened across the board on Friday. The whipsaw in the market was so violent that shorter term measures are lagging the renewed turn to the downside. However, 6 month cycle status and new signals but stayed deeply negative through the mid week rally, which had given us reason to believe that the…

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LATEST NEWS AND OPINION ANTHONY SANDERS Paul Ryan’s Express: US Public Debt Has Over Doubled Since Dec 2007, Average Wage Growth Down 28% by Anthony B. Sanders •  December 20, 2015

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House Speaker Paul Ryan and Senate Majority Leader Mitch McConnell delivered a $1.1 TRILLION omnibus spending package to President Obama who signed it gleefully.

 

CONSTANTIN GURDGIEV Of those Russian GDP 2016 forecasts by Constantin Gurdgiev •  December 20, 2015
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In my recent column for Slon.ru (see: http://trueeconomics.blogspot.ie/2015/12/151215-russian-outlook-for-2016-slon.html) I quipped that in the case of the Russian economy, forecasts for 2016 growth rates might just as well be taken from the …

 

CONSTANTIN GURDGIEV Oil Prices: One Chart, Two Years by Constantin Gurdgiev •  December 19, 2015
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A neat summary / timeline of oil price changes in two years:Source: @allmarkets 

 

ANTHONY SANDERS Paramount’s “The Big Short” In Pictures: Lehman, Bear, and Credit Default Swaps (CDS) by Anthony B. Sanders •  December 19, 2015
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Only a couple of days until Paramount Pictures’ “The Big Short” hits the theaters. As I have discussed before, the movie (and book) is about collateralized debt obligations (CDOs), subprime lending and the crash of the housing prices. The housing price bubble went hand-in-hand with the growth of subprime lending in the mortgage market. Not […]b.gif?host=confoundedinterest.wordpress.

 

DOUG NOLAND- CREDIT BUBBLE BULLETIN Doug Noland’s Credit Bubble Bulletin – Plausible Bubbles Abound by Doug Noland •  December 19, 2015

They finally did it – 25 bps, for the first rate increase since 2004. Surely it’s the most dovish Fed “tightening” ever. Indeed, it was really no tightening at all.

 

ANTHONY SANDERS Quad-witching Friday: Two Days After Fed Rate Hike, Dow Sheds 367 Points WTI Down To 34.55, Rates UP by Anthony B. Sanders •  December 18, 2015
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Well, it is one of those days that you can’t wait until it is over. It was not a triple-witching Friday, but a QUAD witching Friday. And it was a lulu!

 

PETER SCHIFF Mission Accomplished by Peter Schiff •  December 18, 2015

The image of W on the flight deck comes to mind in much of the reaction to this week’s decision by the Federal Reserve to raise interest rates for the first time in nearly a decade. While many in the media and on Wall Street talked of a “concluded experiment” and the “dawning of a new era,” few realize that we are just as firmly caught in the thickets of failed policy as were Bush, Cheney, and Rumsfeld in the misunderstood quagmire of 2003 Iraq.

 

JESSE FELDER Why You Should Be Worried About The Junk Bond Rout by Jesse Felder •  December 18, 2015
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There is an ongoing debate about the current state of the junk bond market and what it means for equities and, more broadly, the economy. Spreads on the junkiest of junk bonds have recently moved to their widest levels of this expansion. The NY Times aptly reflects the consensus view that there has really been […]

 

MONEY MORNING WTI Crude Oil Prices Put Weekly Losses at 3.1% by Alex McGuire •  December 18, 2015

WTI crude oil prices today were down 1.3% as the U.S. benchmark finishes out its third straight weekly loss thanks to oversupply concerns and an interest rate hike.

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Danielle and I had a great time at the Money Map Press holiday party at the Baltimore Four Seasons on Friday night. Mike Ward and his crew throw a helluva party! I met gurus Keith Fitzgerald, Shah Gilani, Kent Moors, Ernie Tremblay and several of the Money Morning reporters and editors who I have enjoyed working with from time to time, including Greg Madison, Kerri Shannon, and Tara Clarke. Thanks to all for their warm welcome!    

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