A note for commodity bargain hunters

The Bloomberg #Commodity Index completed a longer term mean reversion that I have been waiting for.

That surge is prices around early 2022 told me to stay way and wait.

It was too late to chase the commodity trade and since then, it has been too early to meaningfully allocate money to that asset class

Lately, I’ve been writing about my ‘warming to commodities’.

While I have recently commenced advising clients to accumulate specific assets, I am still waiting for a few more studies to confirm moving a larger allocation into other commodities related investments.

#BCOM

December 17, 2023

by Rob Zdravevski

rob@karriasset.com.au