It's plain and simple: Commodities are back.
The most cyclical, and sometimes most volatile, sector is back in full "bull" mode.
The market has definitely turned: Volatility is back in stocks in a big way, the dollar is anemic – in outright free fall – fears of inflation are on the rise, and destructive, expensive trade wars loom.
On the other hand, after hitting its lowest levels in more than 20 years back in January 2016, the widely followed Commodity Research Bureau (CRB) Index is now up about 28%.
You don't have to take the numbers on their own: Some of the world's most accomplished and highly respected money managers have lately come out in favor of commodities, saying resources are the place to be in 2018 and beyond.
There's a confluence of factors making the case that we're in the very early innings of a monster commodities bull market.
About the Author
Peter Krauth is the Resource Specialist for Money Map Press and has contributed some of the most popular and highly regarded investing articles on Money Morning. Peter is headquartered in resource-rich Canada, but he travels around the world to dig up the very best profit opportunity, whether it's in gold, silver, oil, coal, or even potash.