The Italians use gold as an insurance policy against catastrophe. And when the country joined the EU, it triggered an emergency. The lira plummeted in value, but gold did not.
We need to understand Wall Street’s take on copper before we know whether this is an opportunity to invest or a warning to get out.
Looking at the fundamentals surrounding oil can be difficult. Instead, I rely on the charts, which show that oil is at a critical level right now.
All eyes are on the trade war waging between the U.S. and China, but there’s an even bigger crisis brewing in the Middle East that’s going to hit your wall in way we haven’t seen since 2008.
The last time commodities were the best-performing asset class for an entire year was 2002. That’s when the last commodity bull market cycle began.
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Chief Investment Strategist of Money & Markets
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