Fast Moving Incoming Recession . . . .

[biglentil]

USD (IMO) . . . gold / silver in-trouble as deflation is not friendly to precious metals.

Thanks Errol you are the contrarian indicator I needed to go all in. Just like how right when you called inflation dead it had a rip your face off rally. I've been calling for stagflation for over a year and what do we see...

[AlbertaFarmer5]

Errol, what are your thoughts on fertilizer prices going forward?
Well many other commodities seem to have peaked, fertilizer doesn't seem to have received the deflationary message yet. Can the fertilizers continue to chart their own path?

[errolanderson]

Errol, what are your thoughts on fertilizer prices going forward?
Well many other commodities seem to have peaked, fertilizer doesn't seem to have received the deflationary message yet. Can the fertilizers continue to chart their own path?

Sorry, no clue and out-of-my-wheelhouse . . . .

A general commodity pullback should have some price impact.

[WiltonRanch]

So Errol what does oats know?

[errolanderson]

So Errol what does oats know?

Very strong market. U.S. buyers will be short through winter and scrambling. Don’t see downside in this market likely through fall/early winter. 2CW bids $5.50/bu plus in Sk/Mb. Even light oats, very strong bids.

[farming101]

Dow high on Aug 16 - 35,631.19. Suspecting it will stand. There now I said it, watch it go up some more. A 10% pullback certainly not out of the question.

A little over a 5 percent pullback and off to the races again...35,669.69

[AlbertaFarmer5]

A little over a 5 percent pullback and off to the races again...35,669.69

Have to give Errol credit for putting his predictions out there in public for all to see. It's easy to be a monday morning quarterback, like so many do.

Not sure anything is predictable at this time. Throw out the book, uncharted waters.

[wheatking16]

Have to give Errol credit for putting his predictions out there in public for all to see. It's easy to be a monday morning quarterback, like so many do.

Not sure anything is predictable at this time. Throw out the book, uncharted waters.

US regional banks are making new highs.




TSX is also at ATH.

I am getting far more bullish than bearish signals.

Of course, that can change quickly.

Can we have both a recession and a stock market at ATH?

[errolanderson]

US regional banks are making new highs.

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TSX is also at ATH.

I am getting far more bullish than bearish signals.

Of course, that can change quickly.

Can we have both a recession and a stock market at ATH?

Strap-in, markets may be in for harsh price volatility straight ahead. Massive global debt crisis is now being introduced to the new kid on the block; inflation. Who is going to beat on who?

[sumdumguy]

Vix is at $15.44, almost half of the $26 it was a mere month ago. This looks like its in the historic low zone. Guess no one sees a major upheaval coming.