by Erik Swarts, Market Anthropology
While the respective moves are roughly half 2008's magnitude -Ā led by a corresponding seasonal pivot in the US dollar and euro, commodities have loosely followed the glide path of the 2008 sector decline this year.Ā Should the comparative prove prescient,Ā a similar dynamic will continue to develop as precious metals have found a foothold - before the broader sector and currency markets turn.Ā
Copyright Ā© Erik Swarts, Market Anthropology
