http://ift.tt/1N68JJe
"As you can see, the CRB closed at a new 13-year low today, around 180. The index has now lost one third of its value since violating the*“make or break” level that we highlighted over a year ago.Now, again, this post is not meant to pat ourselves on the back. In fact, it is more about identifying the point at which we would know we are wrong. If you read the post from last October, you’ll see that we actually saw ample evidence to support a bounce in the CRB from that key level. However, we also recognized that, should such a bounce not materialize and the CRB fail to hold that key level, then the index was likely broken."
"As you can see, the CRB closed at a new 13-year low today, around 180. The index has now lost one third of its value since violating the*“make or break” level that we highlighted over a year ago.Now, again, this post is not meant to pat ourselves on the back. In fact, it is more about identifying the point at which we would know we are wrong. If you read the post from last October, you’ll see that we actually saw ample evidence to support a bounce in the CRB from that key level. However, we also recognized that, should such a bounce not materialize and the CRB fail to hold that key level, then the index was likely broken."
[text] Commodities are at a 13 Year Low, and Still Not an Investment Opportunity | Dana Lyons
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