Many elements of the commodity complex, when a cycle starts after a coiled low point... it's hard to stop.
Still some fuel to run hot!
Notice how different commodities spike at different moments. Keep an eye on wheat and sugar. Until they spike above the horizontal line, we haven't yet seen the highs of incoming price increases.
Where is the central banks price stability? All an illusion.
As noted by an astute viewer, wheat label should be coffee.
It's interesting to see all of these assets charted over the last 30+ years. Is inflation really coming? We look forward to reading the comments below. Thanks for publish this idea and it's been featured in Editors' Picks.
amazing chart, Those of us in the construction trades know while covid was slowing lumber mill production, construction was continuing, and its been a regular ATM machine. However now with reopening across Canada Lumber mills can pick up production quickly to meet demand, this is why they call it a "SPIKE" it goes up and on the backside it goes down.