Sat, 5 May 2018
Ned is getting more and more bullish on precious metals and commodities. While the PM sector has been in holding pattern for several years, agricultural commodities have been on a tear. Corn, soy beans and sorghum have been way up. And this is in spite of China's threatened tariffs on US ag exports. Prices have actually gone up since the threat was made. On the other hand, stocks hit their peak several months ago and show no signs of making new highs. Is the market trying to tell us something? |
