As many of you know, I was a hardcore deflationist way back when. Hardcore. But after getting slapped upside the head last year I spent a lot of time reassessing my thesis (and part of me died inside when I did, but Nietzsche says that’s good for us and it’s best not to disagree with him, lol). And $GSG is among the things that gave me a clue as to the strange places we may be headed.
First, let me show you the long-term trend line. You’ll notice is agrees nicely with oil’s. Difference is, oil is still trying to nose through, this one already has. Next chart, let’s move in.
Read more “$GSG Is One of the Reasons I Let Myself Become Stupidly Bullish. Let Me Explain”
Note: When articles are first posted, most of them are made available only to my Patreon supporters (I do try to publish some public posts on occasion). Over time (usually after a period of a few months), I make all of the work public. To gain access to my work when it is produced, please consider becoming a patron. More information may be found on my About page and on my Patreon page. In a nutshell, Tier 1 members ($20/mo.) get access to the articles, Tier 2 members ($35/mo.) get access to those, plus counts on about 20 other instruments, plus Discord server access.