About commodities

June 20 (Bloomberg) -- Funds reduced bullish bets on commodity prices for the first time in four weeks as Greek’s debt crisis spurred speculation that global growth will decline, curbing demand for raw materials.

Oil declined for a second day in New York on speculation a weakening global economy and Greece’s debt crisis will lead to lower fuel demand.

Make no mistake about it. The economy strengthens....commodities rise.

The economy weakens....commodities decline.

If you are a serious investors keep in mind that weather and seasonality and famine around the world may have little or no impact on the trend of commodities.

For more details you are invited to subscribe to The Peter Dag Portfolio.

George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
2009 Market Timer of the Year by Timer Digest

To find out more about my in depth views of the markets and my strategy just visit our website https://www.peterdag.com/ where you can subscribe to The Peter Dag Portfolio. You can also call me at 1-800-833-2782 to discuss your specific investment portfolio.

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