... Index, and the Consumer Price Index THE CRB INDEX VERSUS THE PPI AND THE CPI The moral seems to be this: For longer-range intermarket analysis, the CRB Index is superior to either the metals ... or oil However, there are short periods when either of these two markets, or both, will play a dominant role in the intermarket analysis Therefore, it's necessary to monitor the gold and oil ... in the CRB Index, which signaled the end of the disinflation of the early 1980s, led the upturn in the CPI by five months What these statistics, and the accompanying charts suggest, is that the...