It's been a little over three months since Ben Bernanke shifted from mad money printing (M2 nsa growing at a 15% annualized) to Scrooge like printing (M2 nsa now growing at an annualized rate of under 3%).
The slowdown appears to be now impacting the commodities market. The Rogers International Commodity Index has come off 13% since June 12. If Bernanke stays tight, this drop is likely only the beginning, with a drop of over 50% very possible.
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