I just finished to listen to a famous guru saying commodities are strong and will be strong.
Be careful. Commodities are strong when the economy strengthens. Commodities are weak or go nowhere when the economy is weak.
Right now commodities have been going nowhere since June because the economy is not as strong as most observers believe (click on the graph to enlarge it). Can gold -- all by itself -- be the exception?
To find out more about my in depth view of the markets and my strategy just visit our website https://www.peterdag.com/ where you can review The Peter Dag Portfolio. You can also call me at 1-800-833-2782 to discuss your specific money management needs.
I will be happy to speak to your investment group on how the business cycle impacts investment strategies and the choice of asset classes.
George Dagnino, PhD
Editor, since 1977
Ranked in the Top 10 for 12, 6, and 3 months for market timing by Timer Digest
No comments:
Post a Comment