Felix Zulauf: “Now coming to commodities: It’s clear that in this deflationary process commodity prices will continue to decline. They will bounce once the dollar has a correction but that will be a bounce only. The structural decline in commodities, the structural bear market in commodities, will continue for quite some time.
The great exception is precious metals and gold in particular….
“Gold is not a commodity. Gold is money. Gold actually performed extremely well last year because it was the second strongest currency after the U.S. dollar.
Please follow SGT Report on Twitter & help share the message.