here is a list of the major traded commodity contracts that are close to their all- time highs:
corn, wheat, soybeans, cattle, crude oil, gold, silver, copper, sugar, coffee, cocoa, cotton.
Are there any contracts trading close to their lows ? No.
I found only three items that trade about in the middle of the range of the last 10 years: hogs, natural gas and orange juice.
Oh, I almost forgot: yes, there is one contract that is trading close to all-time-lows. It's the Dollar index.
In short, the Dollar is at its low and the overwhelming majority of commodities is trading close to all-time highs.
Hey, wake up Ben ! You seriously want to tell us that we need to fear deflation ? You are so fearful that you feel it necessary to print up another 2 trillion Dollars ? Can you imagine what will happen to prices if you do ?
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