• The day is close where we shall see double top breakouts on most of the Point & Figures charts below (Copper and the Reuters Commodity index already have) ...and resistance will become support. That day will be the OFFICIAL beginning of the hyperinflation cycle...AND THESE ARE THE DAYS
• Uh...no inflation? Who pretends this... the price of Cotton and Coffee are exploding. The price of rubber has gone up by 400%. Grains are next...and Cattle...

• Where are the Talking Heads pretending we would see price deflation? First comes hyperinflation, then deflation. The moving averages of almost all commodities show positive cross-overs. Point and Figure charts cascade reversals...Most commodity charts are preparing a Bull run of at least 30% to 40%. This is a inflation and not a deflation scenario! REAL ASSETS are booming and will continue to do so for some time..... [exceptions are High Order Capital Goods - the value of some goods will go up in nominal terms only]
• Authorities pretending we're only seeing a temporary spike!? Absolutely NOT true.
• Expect the sliding dollar to add fire to the inflation....

<<< The candle to the left gives a better indication about the legs of this correction and has plenty of bullish formations = expect inflation to resume its uptrend soon.