Categories: General Market Commentary
Topics: General Market Commentary- DPC

Commodities Surge in Trump's Trade War

Since last week: Tariffs, volatility, and more market uncertainty propelled commodities to new highs. There’s plenty of room for them to keep running.  

1. Silver Moves Above $35

Silver moved past the $35 per ounce price, a milestone that puts it well into bull market territory if the momentum holds up. With volatility taking hold, that’s likely to be the case. Click here to learn about some of the investments you should be making as the bulls pick up steam.

2. Tariffs Helping Copper

Copper prices are taking off thanks to, among other things, Trump’s obsession with tariffs. Companies are already grabbing whatever supply they can, and that’s only going to put more pressure on demand. Investors can get rich by buying into the right copper suppliers. Click here to learn more about one company that will come out ahead in this copper bull market. 

3. Gold’s Impressive Run

Heightened market volatility continues to be kind to the gold price. It’s now above $3,100 per ounce for the first time ever and could be eyeing the next leg up before long. Investors are flocking to the yellow metal as a safe haven investment and as a key component of a larger run-up in commodity prices that’s only just getting started. You can take advantage of that and reap the rewards by clicking here. 

4. Crypto Isn’t Done

A recent downturn may prove to be the perfect time to pick up certain cryptocurrencies at a discount. Bitcoin, along with many altcoins, have the tailwinds they need to make big moves over the next few months. Our crypto expert Chris Curl likes one altcoin in particular. Click here to learn more about it and others that are set to make investors dramatic gains. 

What to Look For

In a trend that may very well continue, the broader indices are seeing sharp declines as consumer sentiment sours further.

Keep your eyes open,

Ryan Stancil
Editor, Daily Profit Cycle