Coffee, Sugar and Cocoa are here defined as Soft Commodities. The graph below is showing all 3 commodities equally weighted on weekly basis, were each bar is counting as one tradingweek.

Collectively Coffee, Sugar and Cocoa are trading as much as - 6.7% from their February closes. In other words in USD terms, today you get ahold of more Soft Commodities for the very same USD amount compared to what you did back in February. 

Inflation is defined as the decline of purchasing power of a given currency over time. Prices of Coffee, Sugar and Cocoa combined are still at their November 2021-levels. According to the latest report from the Bureau of Labor Statistics, the annual inflation rate in May was 8.6%, its highest level since 1981. In conclusion, Coffee, Sugar and Cocoa are certainly not contributing to this inflation equation. At least not yet.

2022-06-18 11:53 | Sugar, Cocoa, Commodities, Soft commodities

The Gold Silver Ratio is marginally higher after week 24, making a higher low and a higher high.

According to the weekly chart above, Gold is holding up better than Silver on a weekly scale going into week 25. Gold is clearly outperforming Silver as long as the bars are Blue (marked by their higher lows). Seeing the ratio fall below USD 83 again, could quickly turn biased on Silver.

2022-06-18 10:51 | Gold, Silver, Ratio, Medium Term, Gold Silver Ratio, Metals