Commodities Buy
The sentiment on Wall Street seems to have changed dramatically over the past week. This may spark a new rally in stocks as well as a new rally in commodities primarily due to the oversupply of cash many firms now hold. Nevertheless while I see the equities rally as short term, I see commodities moving strongly forward relative to all other asset classes.
In regard to price valuation of this current move, I see Gold heading above $1,250 and the Dow below 10,500 before this mini-bear is over.
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