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World events to spark fall commodities rally

Posted on 25 August 2014

When asked what the current geopolitical landscape spells for commodities, Jeb Handwerger, editor of Gold Stock Trades says that all the uncertainty in the world right now is fuel for the precious metals and the energy sectors. Looking back on history, Jeb claims that the invasion of Iraq in 2003 proved to be a huge boost for the junior resource companies and precious metals.
Jeb points out that everyone that is in the natural resource sector, are fortunate, because they can take advantage of all of the uncertainty in the world right now. Some of the charts of the junior miners are showing an inverse ‘head and shoulders pattern’, equal to a bottoming pattern, and Jeb believes we are at a potential turning point for the junior mining equities. This could signal a final turn from a secular bear market that has lasted since 2011, to beginning of an uptrend which could last 4 to 7 years………………………………………..Full Article: Source


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VRS - who has written 38538 posts on Opalesque Commodities Briefing.


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