Correlation Economics Backup

The TYX to TNX ratio leads the gold price as it shows the market's expectation for inflation.

Thread about cost curves .  Silver: Zinc: Copper: Uranium: Tin: Oil: Gold: Iron ore: Platinum: Potash: Lithium: Spodumene: Thermal coal: Natural gas:

Bullish oil. 

Gold typically does well when the Fed injects repo liquidity.

As China's GDP per capita rises, energy consumption will rise and some of that will need to be oil.

How low will lithium drop? Look at the cost curve.

New dot plot: Old dot plot:  

It is a good time to buy oil. 

Charles Nenner update. 

Oil becoming bullish again.

Surprise!

Oil demand is soft in Q1 but is expected to rise until the end of the year.

Unrealized losses for several banks.  CDS spreads in basispoints you need to pay to protect yourself against default.

We will need a lot of copper, aluminum, lithium and steel. 

 

This is a very unusual correlation between JP Morgan registered silver at COMEX Vs. silver price.