Commodity Prices

Gold •314 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	982.10	-10.10	-1.02%
WTI Crude •10 mins	63.32	-0.35	-0.55%
Gasoline •10 mins	2.171	+0.005	+0.24%
Ethanol •314 days	2.161	+0.000	+0.00%
Silver •314 days	30.82	+1.16	+3.92%

Silver • 314 days	30.82	+1.16	+3.92%
Copper • 314 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	66.23	-0.40	-0.60%
Natural Gas • 10 mins	3.539	-0.108	-2.96%
Heating Oil • 10 mins	2.203	+0.032	+1.47%

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Erik Swarts

Erik is an active trader, who has always taken a broad perspective when approaching the markets.

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Reflationary Road

By Erik Swarts - Jul 15, 2013, 3:08 PM CDT

As expected, silver has taken its time in building out a foundation. However, once completed and as described by the historic momentum patterns shown below in copper, we expect silver to turn up another reflationary road towards its previous May 2011 highs.

Assuming silver's historic leading relationship with gold - and by extension inflation expectations; participants current concerns with lack of inflation may be fleeting.

Copper 2006-2010
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