Originally Posted by Trip7

Folks, we are at ENDGAME

The weekly EIA distillates report this Wednesday and/or next Wednesday will be key. US Diesel inventories are already near commercial operational minimums and if we see continued draws in what should be stocking season ahead of Summer demand the Diesel price will go vertical injecting unprecedented levels of inflation into the economy. Remember diesel demand is inelastic due to its critical part in the transportation logistics of our food and goods here in the states

The other wild card to watch is the Bond market, particularly the 10 and 30 year Treasury Yields. If yields continue to spike Bond market could crack raising the cost of capital of nearly every business and consumer loan. Fed tries to intervene by cutting interest rates and printing more money here come stagflation. US dollar could become toilet paper. Got Gold or Gold Miners?

Brave New World