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SW WI | The last week brought around the talk of the funds shedding lenght in commodities. The world moves fast now days, doesn't it? As the Brexit thing settles down, I'm on the fence about what the funds want to do. A lot of uncertainty in non-commodity markets.
I will say, MAYBE, commodities are the safest bet for the short term. I can imagine a lot of overtime this weekend by the investment firms trying to identify risk and putting together a game plan for, this next week, next month and let alone any other countries falling from the EU.
If we would see more uncertainty in the weather, I wouldn't be surprised to see money moving back to commodities, not the Dow, like it looked like last week. Of course, massive losses elsewhere will suck money out to prop up and minimize their losers.
Interesting times. | |
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Will the funds still flee?
