MBCC TH 23rd Jul'24 - "Dollar collateral shortage, why liquidity is getting tight, NOT going up, but most positioned the other way, look at Copper/Oil/Bitcoin - why?"

As each day goes by, most are blindly long Commodities like Oil, Copper, Iron ore, but yet they keep falling every single day. Most are looking past the near 3 months as focusing on the eventual Fed cuts/liquidity surge…it does not work that way!

Physical Commodity market flows never lie…demand demand demand! Macro wont work!