What's new about this?
Back in the day, when Freese-Notis (always referred to them as Harvey "missed again" Freese and Charlie "What's rain?" Notis) were followed and followed and followed, by commodity brokerage firms .....
I, from time to time, sat in one of their broker's offices (personal broker that is). They used to call in and buy a hunnert (back in those days it was twenny caks) of this or that ....
Then .... they'd release their "most recent" forecast ....
Boom! a twenty penny pop in beans .... THEN ...
They'd call and liquidate positions.
Any difference?
With one BIG exception ;...
The new government front running position forecasters are MUCH more accurate and reliable.
No change ...
The more it changes, the more it stays the same.