Commodities Are Screaming Trouble But the Fed Isn’t Listening

Commodities Are Screaming Trouble But the Fed Isn’t Listening

By Pam Martens and Russ Martens: July 31, 2015  The commodities slump has accelerated this past month with gold now trading at five-year lows and the U.S. crude benchmark, West Texas Intermediate (WTI), down 19 percent in just the past month, 49 percent on the year, and 57 percent in the past two years. In early morning trade, WTI is at $47.82 versus $110 two years ago. Minutes of the Federal Reserve’s Open Market … Continue reading →