The CRB Index Monthly Chart

Greg does not believe we have seen the end of the Commodity Supercycle, but merely a large correction, which he believes is finished.

Greg also mentions that the “hot money” has exited the commodity sector and moved on. Since Bernanke’s latest pronouncements, both the dollar and Chinese Yuan have fallen, which is bullish for commodities. Greg believes Fed policy has pushed money out of safer assets like bonds and into riskier assets. He sees the bond market as the real battleground looking ahead.

Ed Note: you can listen to Greg talk briefly (about a minute) to his interviewer Jim Pupluva HERE, but to listen to the full interview with  Greg you would have to subscribe for either a $15 monthly subscription or an annual $120 subscription HERE