Posts by Gold Scents:

The deflationary myth

With commodities now moving down into their three year cycle low I’m hearing more and more talk about deflation. This is complete nonsense.
Gold Scents | January 8, 2015 | 2:09 pm

Are commodities at a major turning point?

As most of you probably know, I have been expecting the CRB to form a major three year cycle low sometime next summer. However I’m now starting to see some things that might indicate that major cycle bottom is going to occur earlier than I expected.
Gold Scents | November 6, 2014 | 6:49 pm

Another piece of the puzzle falls into place

My overarching driver for the Great Inflation scenario is that the dollar would have some kind of crisis, or semi-crisis late this year as it drops down into its major three year cycle low. All other stock and commodity movements will be driven by this impending currency crisis.
Gold Scents | February 14, 2014 | 8:53 pm

Another bubble looking for a pin

The Fed has now manufactured a parabolic move in the stock market. This parabola is much more aggressive (and thus even more unsustainable) than witnessed at either the 2000 or 2007 stock market tops.
Gold Scents | December 29, 2013 | 8:01 pm

Time to sit on the sidelines

My best guess continues to be that stocks will extend this consolidation on Friday and then deliver one more push higher into the FOMC meeting next week.
Gold Scents | October 25, 2013 | 5:46 pm