05.01.2015 - Commodity bear market over: Boockvar
Be a contrarian this year; buy commodities and don't pile on to the bullishness of the U.S. dollar, Peter Boockvar, chief market analyst at The Lindsey Group, told CNBC. That's because he believes the commodity bear market that started in September 2011 when gold topped out is coming to an end. "Oil is the last major commodity to really crash which tells me this is the end of the commodity bear market. Oil will be the last one to recover but gold, agriculture [and] industrial metals will be the first to recover," Boockvar, also a CNBC contributor, said..............................................Full Article: Source
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