Central Banks Can't Print Food

Tom welcomes back Dale Pinkert to the show. Dale is an experienced commodity and FX trader. He is also head of trader development at Trade Gate Hub.

Markets are getting massacred due to the Fed hike. Lately, you can judge how everything else will perform based on dollar strength. Dale questions where the labor force has gone as a result of the great resignation, and if those workers will ever return. We’re in a new paradigm but the Fed may be in the Twilight Zone. We’re going to need a weaker dollar to see the metals move higher.

Dale believes the British Pound has reached the bottom, but the outlook for the Yen may not be that good. He believes US Bond yields could drop from here. If dollar strength continues, the U.S. may be forced to bail out much of the world’s financial systems. If rates stay high, we’re going to see solvency issues with corporations and governments.

Dale discusses the food supply problems and why they are likely to persist for some time. The issues include droughts, war, and a lack of fertilizer.

Lastly, he discusses what is needed for the Australian and Canadian dollars to perform better. Australia really needs to see China reopen to the world.

Talking Points From This Episode

  • The consequences and lagging effects of Fed rate hikes.
  • Outlook for currencies and why the dollar may be topping.
  • Grains and soybeans may be entering a bull market, which is concerning.
  • Targets for precious metals and the outlook for resource backed currencies (CAD & AUD).

Time Stamp References:
0:00 – Introduction
0:30 – Fed & Flying Skills
2:42 – NFP & Employment
7:42 – Silver & Charts
10:42 – Metals Capitulation?
11:45 – Dollar Chart & Bonds
13:49 – Japan & Treasuries
16:52 – Debt & Damages
19:17 – Markets & Elections
21:44 – Dollar Monthly
23:00 – Risk Management
25:26 – Fed “Fixes” & Faith
29:16 – Bullish on Grains
41:13 – Copper Technicals
44:09 – Metal Targets
46:20 – Currency Thoughts
51:06 – Wrap Up


Dale Pinkert  is head of trader development at Trade Gate Hub and ALSO Host of Face. Guest Links:
Website: https://face-experience.com
Website: https://tradegatehub.com
Twitter: https://twitter.com/ForexStopHunter


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