Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with MarketClub TV for Wednesday, the 20th of February.
WHY COMMODITY MARKETS ARE SO IMPORTANT
The commodity markets are incredibly important as they really drive commerce and the economy. Think of the role that commodities play in our everyday lives, they affect the cost of what we eat, what we buy and how we drive to and from work. In today's show, we will be looking at the major trends in all of the major commodity markets.
THE WORLD CUP PORTFOLIO
Five years ago, we began the World Cup portfolio using core commodity markets. Five of the six components that make up the World Cup portfolio are pure commodity plays-wheat, corn, soybeans, gold and crude oil. The sixth element is the Dollar Index. Here are the theoretical returns for the World Cup portfolio starting in 2008:
MarketClub provides members everyday with the signals needed to track and trade the World Cup portfolio.
GOLD SINKS BELOW $1,600
The trend continues for gold as it sinks below $1,600 for the first time in over 6 months, as more and more investors become disenchanted and throw in the towel. Is this the right time to start buying gold? In today's show, we will look at the big picture in this market and how best to play gold in the future.
THE NUMBER ONE COMMODITY IN THE WORLD
Crude oil is a major commodity that effects everything from the price of plastics, to how we get to work, to how we ship produce cross-country. America runs on number two diesel fuel, that's how important this one commodity is. Crude oil is used everywhere, making this commodity perhaps the number one commodity in the world.
Have a great trading day, see you tomorrow.