More about commodities

January 15, 2024 Leave a comment

Here are the 9 occurrences over the past 40 years when the U.S. Inflation Rate/S&P GSCI spread was registering a monthly RSI reading of 32 or below.

It coincided with reasonable moments to buy commodities, as illustrated by the orange line which represents the S&P Goldman Sachs Commodity Index (SPGSCI).

I made a similar reference in a note published 2 months ago.

When inflation is oversold, I buy commodities

January 15, 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 , ,