Additional Signs of Reflation and Implications for Gold
Earlier today in this post I discussed that the Producer Price Index for all commodities, or the PCAC Index (Bloomberg ticker), was signaling the potential for a strong global reflationary event to occur in the intermediate-term. I wanted to build on…...
Does a Major Reflationary Event Stand on the Horizon?
The PCAC Index (US PPI for all commodities) is plotted on a monthly basis below dating back to the early 1900s. As of the last print (Jan-16) and following a significant multi-year decline, it was a hair away from reaching…...