MacroVoices #376 Tian Yang: When the Recession Becomes Obvious
Macro Voices
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MacroVoices: What You Can Expect to Find
Patrick Lynch: The vulnerability of gold even pulling back to retest March lows near 1800 is entirely on the table. He says grains are breaking down many of them to fresh lows and just continue to be incredibly weak. This continues to contribute to the overall weakness in the Bloomberg Commodity Index, as everything including oil have been pressing that index down. But right now, these trends are distinctly down and very weak charts that continue to leave the downside window open.
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