Rick Rule: Middle Innings of Commodity Bull Market - Financial Sense
Rick Rule: Middle Innings of Commodity Bull Market - Financial Sense
Source: Financial Sense
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DW NOTE
Rule thinks we're in the middle innings of a commodity rally. The Strait of Hormuz has been effectively shut for over six months with 1.3 billion barrels of cumulative supply loss, yet WTI is down 18% from yearly highs and gold has fallen 17% from its January peak. If this is the middle innings, the scoreboard hasn't noticed.