Agricommodities are the raw materials for Processed Food and Beverage industry and Feed for Livestock. The Agricommodities ETF ($DBA) has broken out from a base on both price and momentum. Most of its constituents have been rising steadily for a month. $DBA - Agricommodities ETF Rise in Demand from China China has been buying large … Continue reading Agricommodities Indicate Food Inflation
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Copper Indications
CRB Commodity index has formed a base and is on the verge of a breakout. Base/Industrial Metals constitute 13% of the CRB Index. Copper is an important industrial metal. Rise in demand for copper is a sign of economic growth. Copper and Base Metal ETFs have given positive returns since April 2020. Copper/Gold The Copper … Continue reading Copper Indications