Commodities Having Best Week in 33 Years

Posted by Louis Navellier on 8/21/08 12:34 pm

If the Reuters/Jefferies CRB Index stays flat tomorrow, it will ring up its best weekly gain since 1975.  The index of 19 commodities surged more than 3.3% today and it’s up almost 6% for the week.  Obviously, strong fundamentals don’t stay out of favor for long.  Many investors who plowed into financials a few weeks ago, thinking the coast was clear, are now realizing they should have stayed focused on companies that are benefitting from inflation.  Commodity-related stocks are rebounding impressively as a result.  Read More.

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