owg:
you said: "Taking the July 2004 value of 445.6 as an estimate of the index for 2004, we may be in for a 10% increase. Where did that come from?"
As commodities are world-priced in US$, then over the short run the value of the dollar index (DX) can be seen as an important driver of of the...
Hello.
I don't know if anyone out there may be interested, but in any case here is a link to a quite different and novel method of curve-fitting, which I have developed courtesy of brother Fourier :-D and is here applied to the CEPCI data over 54 years. The last data point is currently...