Commodity Funds are hot as investors try to play catch up with the recent rally. Commodity investors have been rewarded for their patience this year. During the first half of the year, the price of gold rallied hard clocking up the best performance of any asset. Meanwhile, bullish OPEC rhetoric has sent the price of oil back to $50 a barrel, and China’s actions to curb excess supply in the country’s steel market has squeezed the price of coal higher by more than 100%. Commodity Hedge Funds Had Hot H1 2016, But Michael Burry Is Focused On Just On Commodity…
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