Reviewing my Copper call

January 11, 2024 Leave a comment

Copper fell 33% as per my quote in this S&P Global Market Intelligence article (published on May 20, 2021) which featured my non-consensus opinion that the price of Copper would decline “by a third within 10-14 months”.

Within the article, I furthermore cited its stretched levels above its 200 week moving average.

Aluminium prices suffered a similar fate.

The chart below shows the time frame that copper fell 33.4% within 13.6 months from the date the article was publishing……..whaddayaknow, it mean reverted down to its 200 week moving average.

At that moment (14 months later) Copper turned into a ‘buy’ opportunity.

This weekend, clients will be receiving my latest view.

January 11, 2024

by Rob Zdravevski

rob@karriasset.com.au

Filed under Finance & Investment Tagged with , , ,

Oversold Inflation Rates is a signal to buy Commodities

July 4, 2023 Leave a comment

When the U.S. Inflation Rate is Oversold whilst also trading below its 50 month moving average, then it’s time to ponder accumulating commodities.

I’ve circled the 8 notable moments this has happened over the past 40 years.

We may be approaching another such moment.

My recent writings muses that U.S. inflation may have one more dive to the 3.5% region in the coming monthly reports and this should be enough for the stars to align.

The chart below plots the U.S. Inflation Rate (blue) against the S&P Goldman Sachs Commodity Index “SPGSCI” (orange).

July 4, 2023

by Rob Zdravevski

Karri Asset Advisors

rob@karriasset.com.au

Filed under Finance & Investment Tagged with , ,