Energy Bounce vs. Precious Metals' Surge, Rate Hikes Spiking energy prices are often their own worst enemy, and most central banks hiking rates due to energy-driven inflation could trigger post-inflation deflation, particularly in the metals. Precious metals are typically the most sensitive to rising interest rates, and my graphic highlights how extended the Bloomberg Precious Metals Spot Subindex is vs. energy. Are stretched gold and silver vulnerable to reversion or a leading indicator for broad commodities? Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/tleeh9kgifpf {BI COMD} #commodities #stockmarket @BBGIntelligence