Replies to post #17498 on Market Sense and Sentiment (MKTSS)

[bbgold]

Inflation around the bend?

Commodity prices have been increasing and yet the added costs of shipping have not seemed to be factored in? I have been seeing slight cost increases but not equal to the amount gas prices have risen. Once prices start to reflect the added costs of shipping due to increased gas prices it will be interesting if that ugly word Inflation starts to get mentioned?

I think we stay in a wide consolidation now until Aug/Sept but just Speculation. Let's say the current range 10800 to 11200 will continue to be tested. There will still be trading opportunities but profits should be taken at the band tests, JMHO.

Good Trading Everyone!