As the Friday trading session came to a close this week, I had an epiphany of sorts in that instead of standing back and admiring the results while reaching around and patting myself several times on the back, I took the septuagenarian skin on the underside of my left bicep and gave it a rather robust pinch. Rather than standing there reveling at copper and gold prices trading at or near multi-year highs, I instead decided to look "beneath the hood" at "conditions" that have quickly emerged as the standard bearer for the "Reflation Trade" that is quickly morphing into the new narrative for a large number of ... (full story)