If you haven’t checked out the action here on our blog this week, you really should. We’re discussing the impact that rising commodity prices will have on all Americans … and how YOU can profit from this bull market.
As I write to you right now, readers are chiming in with their answers to the question: “Which Commodity Will Lead the Way Higher?”
Silver is one of our readers’ favorite picks for the lead commodity. Carol F., for example, writes: “Silver is the next commodity to surge, it just broke the 30-year high today!”
Carol, you’re absolutely right about the new high — silver just busted through overhead resistance to the highest level since 1981! But there are also other commodities that some of our readers like as well …
Dan H. says: “The Middle East is a boiling cauldron, ready to explode. If it does — and I think it will — then oil will rise in a big way.”
D. Couch thinks it’s AGRICULTURAL commodities that will make the most money for investors. “I think corn will be much higher within 2 years,” he writes. “Demand for corn comes from all quarters — ethanol, food, cattle feed, chicken feed.”
My view: It’s no secret that I’ve been pounding the table about silver AND crude oil. I think those two could lead going forward, as the global economy kicks into higher gear. Plus, they also are among the commodities give us the widest range of choice, easy-to-buy producers, service company stocks and other investments.
Copper Has Lead the Way Longer Term,
But Silver and Oil Are Coming On Strong!
Of course, a lot depends on your time frame. Take a look at this chart showing the percentage gains in some leading industrial, agricultural, energy and precious metal commodities over the past two years …
In this time horizon, you can see that copper has led that way higher. Crude oil and silver are also outperformers. Gold and wheat are up, but have lagged the pack over the past two years.
Performance depends not only on length of time, but also on what commodities you choose. For example, I could have added cotton, palladium or coffee to the chart and you’d see a different picture.
But one thing’s for sure: Commodities overall are in a HUGE bull market.
So here’s today’s question for you:
How High Can Gold and Silver Go
… and How Should You Play It?
What are YOUR targets for gold and silver? How quickly do you think the precious metals will get there? And most important, what’s the best way to play the coming surge? Just click this link and leave a comment to join the discussion!
My best wishes to you all,