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Commodities · United States[This blog post is an excerpt from a recent commentary at www.speculative-investor.com] To our surprise, the US economy has not entered a recession over the past two years. This is not because a recession has been avoided altogether but because the current economic cycle has been elongated. We use the commodity/gold ratio (the Spot Commodity Index (GNX) or the CRB Index (CRB) divided by the US$ gold price) to define booms and busts, with booms b…Read Article
The economic cycle and the commodity/gold ratio « TSI Blog
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