Commodity FX (CAD AUD NZD NOK)

I still try to get my little mind around your theories because the bottom line in all of this is we are driven back to basics where we swop goods instead of worthless paper. (conspiracy theories and over dramatisation apart, hope it never comes to that)

fiat money is the root of misunderstanding. While cash and gold exist in the sense you can
touch it and have it at some unchangeable place, fiat money is only information about itself.
( Thus for theorists all those weird properties of not well orderable sets apply)
This becomes strikingly evident when you want to draft some cash from your account ( information) and the bank says sorry we're out of cash.
Next step your credit card isn't accepted anywhere.
This is the big danger the FED is running. The FED's liquidity is not backed by cash. The FED doesn't print greenbacks. Thus my prophecy collect all bucks you can get the day will come 1 dollar cash buys you food for a week because there is trillions of liquidity but no cash.
The FED fools everyone they are not going to devalue US dollar cash. Just the opposite.

dunno what disappointed the markets with FOMC ... but the commodity selloff is a sign of credit squeeze ... most possibly . One can always trade credit deleverage because liquidity doesn't pay back credit. Its always the same there is capital , there is cash which includes gold, and there is fiat money, all these are entirely different.

@catnip, I have been aware of a deleveraging/deflationary environment for 3 years now which as far as I am concerned will continue for possibly another 10 to 15 years but when did markets ever travel up or down in a straight line ? Trading is all about catching the swings unless you enjoy employing enormous risk on an enormous account !

ok gold -40 silver -1.2 ... oil -3 all softs down and...before the minutes' release.
That is deleveraging ( for some who are not fluent with this and other terms )
I was short all this stuff except softs... wow. Yet the balance is positive.
Now, absolutely unimpressed by wave , beans and peas, dead bird counts, I wait for the aussie first target 0.98. It will come. Also here the key word is deleveraging.