Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

Commodity Price Inflation to Peak in Q3 '22 -   Eric Hadik #5528

Commodity Price Inflation to Peak in Q3 '22 - Eric Hadik #5528

FromFinancial Survival Network


Commodity Price Inflation to Peak in Q3 '22 - Eric Hadik #5528

FromFinancial Survival Network

ratings:
Length:
34 minutes
Released:
Jun 14, 2022
Format:
Podcast episode

Description

Summary: The dollar isn’t doing too well under our democratic presidency. With that in mind, it’s important to think about inflation and how this dictates the future of many commodities. Here to talk about this is Eric Hadik from INSIIDE Track Trading, and he provides a technical analysis of commodities—specifically in regard to how they will pan out later this year. Tune in to hear why commodity price inflation will most likely have a significant top in Q3, and other predictions that will help prepare you for what’s to come. Highlights: -Over 2 years ago, it was said that the dollar does better when democrats are in office, but the case seems to be different today -A governing Republican philosophy is that a lower dollar is better (increases exports) -During the Reagan administration, a strong dollar hurt some of the American economy -Eric’s predictions in 2016 about a top in the dollar led him to believe that a republican was going to be in office -From a commodity price inflation perspective (i.e. grains, key commodies) commodities are probably going to have a significant top in the September/October 2022 time frame, or in the cusp of Q3/Q4 -A high, however, doesn’t necessarily consist of one uninterrupted up-trend -The middle half of June will most likely be the next peak; energy markets will set a peak in the next 10 days, and Eric expects prices to come down -Precious metals are entering what should be their most advantageous period -There are isolated commodities that could still see higher levels further down the line -Discuss two major upside price objectives for natural gas -Natural gas could go substantially higher before it finds its level Useful Links: Financial Survival Network INSIIDE Track Trading
Released:
Jun 14, 2022
Format:
Podcast episode

Titles in the series (100)

A show about how to thrive in the New Economy. It's All About What's Next!