| Commodities have been hammered by nearly 45% as the dollar has strongly rallied. The Federal Reserve is poised to increase the discount rate - an action which has historically driven the dollar weaker. Commodities and the dollar are inversely correlated - as the dollar falls, commodities will probably rise.
In case you're just waking up, commodities are in the midst of one of the largest selloffs in several years. On a year-over-year basis, those even moderately exposed to the Goldman Sachs Commodity Index (a leading commodity index) have been heavily impacted by the commodity drop of nearly 45%. However, if you are an individual who likes profit (and who doesn't?), you're in luck...............................................Full Article: Source
|