Liquidity Wave About to Hit the Grain Markets, Says Tom McClellan

May 24, 2024 – After this week's wrap-up, Financial Sense Newshour speaks with the well-known market technician Tom McClellan at McOscillator.com (@McClellanOsc on X) about the outlook for the stock market and the unfolding liquidity wave impacting the commodity markets. Tom provides a fascinating in-depth discussion on how increases in the amount of money in the financial system impact the commodity markets with various lags, starting with gold and then flowing into areas like grains and oil.

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Charts discussed in today's show:

djia advance decline line
Source: McClellan Financial Publications. Note: Past performance is no guarantee of future results.
nyse comp advance decline line
Source: McClellan Financial Publications. Note: Past performance is no guarantee of future results.
corn gold price
Source: McClellan Financial Publications. Note: Past performance is no guarantee of future results.
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