I am a firm believer that all commodities rise and decline in perfect synchronism. If you follow what is happening now you will recognize the truth of this observation. The weather, OPEC, wars are "noise" when you look at the big picture. What drives commodities is the global business cycle.
The lesson is that the odds are against you if you go long a particular commodity when most of them are declining. Especially in a weak economic environment.
More, much more when you subscribe to The Peter Dag Portfolio on https://www.peterdag.com/.
George Dagnino, PhD
Editor, The Peter Dag Portfolio
Since 1977
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