The action across a number of markets has started to get pretty wild recently.

Inflation has been above target for five years. There are indications that a historic AI spending boom poses significant inflationary risk.

Affordability is the intersection of “need” and “want”. Everyone has a certain level of purchasing power, based on their assets, income and credit limits.

Natural gas futures on the Nymex had a bullish week before closing 22% higher than the previous one at $4.41.

Heavy put buying in GLD and SLV was a dead giveaway about the growing nervousness of the precious metals trade. Yesterday that nervousness turned into a fever. Selling fever.