CIP Report Overview & Impact Of Inflation On Commodities

One major takeaway from today’s CIP Report is that the percentage change number is above pre-pandemic levels, says Bob Iaccino, Founder and Chief Strategist of Path Trading Partners. Among discussing the CIP Report, he talks about the impact of inflation on commodities. Crude Oil (/CL) seems to be going up while precious metals, like Gold (/GC) are not rallying as he thought they would. Also, Iaccino shares his thoughts on Bitcoin (/BTC) which is rallying a bit and he says it is now on par with the U.S. dollar. Tune in to find out more.

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10 Jun 2021

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CIP Report Overview & Impact Of Inflation On Commodities

One major takeaway from today’s CIP Report is that the percentage change number is above pre-pandemic levels, says Bob Iaccino, Founder and Chief Strategist of Path Trading Partners. Among discussing the CIP Report, he talks about the impact of inflation on commodities. Crude Oil (/CL) seems to be going up while precious metals, like Gold (/GC) are not rallying as he thought they would. Also, Iaccino shares his thoughts on Bitcoin (/BTC) which is rallying a bit and he says it is now on par with the U.S. dollar. Tune in to find out more.

Market On Close

10 Jun 2021