Commodities seem pretty cheap to me. I haven’t done an in-depth analysis on it but the stock to use ratio on coffee hasn’t been this low since 2011 and last time it was this low prices were quite a bit higher. And I think the corn stock to use ratio is supposed to drop as well. I don’t know much about the fundamentals of oil but sentiment seems good and looks like it might be putting in a second higher low on the monthly chart. But I am definitely keeping silver on the radar now. Thanks for the follow and looking forward to future post.
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and thank you OW, I appreciate your opinion..commodities are cheap. Copper has already given a clue of late.