Thursday, July 23, 2015

Commodities could be in bear market [VIDEO]

Its hard to like any commodities. The dollar is so strong. 

Wheat prices are under extreme pressure. 

Gold is under extreme pressure. But it's not just gold that's collapsed—copper and oil have followed suit, with crude renewing its slide back below $50 a barrel as a strong dollar casts "a pall against all commodities. Everything is under pressure due to a strong dollar.

Right now they're acting in concert, one to another, the dollar being the large implication.