Rambus: Are We in a Deflationary Spiral?

[Click on this chart to view a full-sized version.]

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Written Interview with Financial Charts

Note from Catherine: For those of you who read our Solari Report with Rambus last year, you will remember that Rambus prefers to provide written reports. So the interview this week is written, not audio. As the last week of the month, there is no Money & Markets tonight. I will make sure to comment on these insights next week when I cover the markets.

Rambus Interview: Web Presentation with Financial Charts

“The illusion of randomness gradually disappears as the skill in chart reading improves.”
~  John Murphy

By Catherine Austin Fitts

Rambus (of Rambus Chartology) joined us in October, 2015 in a written interview to review his technical analysis regarding “The Dollar, Gold & the S&P 500.” This Solari Report was so popular that I have invited him to update our subscribers quarterly in 2016.

In this week’s report, Rambus will review global charts (in written form) including updates on the dollar, gold and the equity markets. We will address the question, “Are we in a deflationary spiral?”

Two weeks ago, Rambus published a long- term chart (above) of the Thomson Reuters/Core Commodity CRB Index. He described it as “the scariest chart on the planet.” Such a chart flies in the face of fundamental analysis. After all, there is a growing population, rising global incomes and fewer commodities as we continue to extract resources from the planet.  These are the days of peak everything, right?

Such fundamental analysis, however, depends on the “official” reality. When there are wide gaps between what is truly real and the official reality, technical analysis challenges our understanding. What does price say? What does the market know?

Results, of course, speak for themselves and Rambus has produced some big ones. Among his most memorable was calling the downturn in precious metals prices in 2011. Like yours truly, he also experienced the wrath of the goldbugs thanks to that call.  Price can be a cruel friend…or one that protects us from ideologies that have run off the rails.

I hope you’ll join us on the Solari Report this Thursday. If you’re not a subscriber yet, you can learn more about becoming one here.

Note: There will be no Money & Markets segment this week. I will address subscriber questions in Ask Catherine the following week .