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Behold the Commodities Bounce

After a long downtrend in the commodities market, a big bounce is underway.

Recall that in last week’s Making Money Alert, I wrote about the gains in gold and gold mining stocks. Those gains really have ramped up since that mention, but it’s not just the precious metals’ segment that has been enjoying a bounce of late.

The entire commodities sector has been on a tear. One look at the chart of the GreenHaven Continuous Commodities Index Fund (GCC) shows the big rebound in the space off of the multi-year lows we witnessed in January.

As you can see, commodity prices have spiked significantly during the past month, with GCC up nearly 7%. The latest resurgence in the space now has GCC back above its 50- and 200-day moving averages.

So, why are commodities doing so well here?

Read more about the recent bounce in the commodities market at Eagle Daily Investor.

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archive

Behold the Commodities Bounce

Itâ??s not just the precious metalsâ?? market segment that has been enjoying a bounce of late. The entire commodities sector has been on a tear.

After a long downtrend in the commodities market, a big bounce is underway.

Recall that in last weekâ??s Making Money Alert, I wrote about the gains in gold and gold mining stocks. Those gains really have ramped up since that mention, but itâ??s not just the precious metalsâ?? segment that has been enjoying a bounce of late.

The entire commodities sector has been on a tear. One look at the chart of the GreenHaven Continuous Commodities Index Fund (GCC) shows the big rebound in the space off of the multi-year lows we witnessed in January.

GCC_021914

As you can see, commodity prices have spiked significantly during the past month, with GCC up nearly 7%. The latest resurgence in the space now has GCC back above its 50- and 200-day moving averages.

So, why are commodities doing so well here?

Read more about the recent bounce in the commodities market at Eagle Daily Investor.

Newsletter Signup.

Sign up to the Human Events newsletter

Written By

Doug Fabian is the editor of Successful Investing and High Monthly Income, and is the host of the syndicated radio show, "Doug Fabian's Wealth Strategies." Taking over the reigns from his dad, Dick Fabian, back in 1992, Doug has continued to uphold the reputation of the newsletter as the #1 risk-adjusted market timer as ranked by Hulbertâ??s Investment Digest. For more than 30 years, Successful Investing (formerly the Telephone Switch Newsletter) has produced double-digit annual gains. Doug has become known for his expert knowledge and timely use of innovative tools like Exchange Traded Funds, bear funds and Enhanced Index funds to profit in any market climate.

TRENDING NOW:

YouTube Won’t Let You Watch Lauren Southern’s ‘Borderless’

FOREIGN AFFAIRS

DONKTUM: Restricting the Range of Consciousness.

CULTURE

Global Elites Started The Russia Nonsense.

U.S. POLITICS

Lauren Southern’s Borderless Deleted By YouTube. ENOUGH.

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