Banking on Corn and Nickel
Although skeptics say the signs of optimism in the commodities markets could evaporate just a quickly as they appear, gold, tin, and corn are one of the few market sectors showing any signs of life in today’s market.
Big commodities exporting country like Brazil and China are garnering attention from investors willing to hedge their bets anywhere that seems like it could host an early revival. Commodities prices did level off in January with dry weather in Brazil boosting corn’s profile and nickel performing strongest. Oil still looked risky with surplus inventory and deflated prices across the US. Kevin Kerr of Global Commodities Alert advises that with commodities dips follow apace with spike, and unlike other areas of investing “supply and demand wins every time.”