Today, I took a look at commodity prices, especially a few key factors that measure inflation, like the non-ferrous sector with copper and aluminum, and the grain sector with corn and wheat. The correlation between copper prices and the $BTC cycle is particularly obvious (see Chart 1)! Currently, their prices are at relatively high historical levels and are on an upward trend in a major cycle. Although crude oil prices are still at a moderate level, they’ve also risen from the earlier $50+ range ! When energy, non-ferrous metals, and agricultural products all start rising simultaneously, it’s not that they’re becoming more expensive—it’s that money is losing its value! In this era of massive inflation, there are only a few options left to protect our assets: gold and $BTC! This $BTC pullback is a once-in-a-lifetime buying opportunity, brought to us by Kevin Warsh! This post is sponsored by @binancezh: 'Buy U.S. stocks on Binance: Global assets, zero time lag, one-click access'!
