---
title: "Commodity Complex and Big Picture"
url: https://independentstockanalysis.com/commodity-complex-big-picture/
description: "I would like to point out the left side of this chart represents multi-generational lows in real terms: Commodity Prices vs Long Term Average from Bespoke…"
published: 2012-06-23
updated: 2012-06-23
---

# Commodity Complex and Big Picture

Published 2012-06-23

Posted on

by

J.J. Butler

I would like to point out the left side of this chart represents multi-generational lows in real terms: Commodity Prices vs Long Term Average from [Bespoke](http://www.bespokeinvest.com/thinkbig/2012/6/22/commodity-prices-vs-long-term-average.html). Impact of Commodity Prices on the Consumer: [Bespoke](http://www.bespokeinvest.com/thinkbig/2012/6/22/impact-of-commodity-prices-on-the-consumer.html). I am not in the Club of Rome ‘limits to growth’ school of thought: Grantham’s Resource Limitations pieces from last year are more like it: [Guru Focus](http://www.gurufocus.com/news/139575/jeremy-grantham--q2-2011-quarterly-letter--resource-limitations-2).

Meanwhile, U.S. Stocks Tumble as Commodities Enter Bear Market at [Bloomberg](http://www.bloomberg.com/news/2012-06-21/u-s-stock-index-futures-fall-on-china-pmi-index-decline.html). Commodities Make the QE2 Round-Trip at [Pragmatic Capitalism](http://pragcap.com/commodities-make-the-qe2-round-trip).

S&P 500 technical analysis: [All Star Charts](http://allstarcharts.com/stock-market-needs-to-hydrate-and-thats-ok/). Just a reminder of our secular bear market: [ChessNwine](http://ibankcoin.com/chessnwine/2012/06/16/the-long-cold-road/).

Off topic a bit but interesting: The Risk Of Being A Shipping Magnate at [Forbes](http://www.forbes.com/sites/gcaptain/2012/06/12/the-risk-of-being-a-shipping-magnate/). Foreign direct investment [chart](http://4.bp.blogspot.com/-XpgH3JCJlrU/T93rXsk7OUI/AAAAAAAATBU/TR7_8JDsV_A/s1600/fdi.jpg).