...Trump victory has smashed Commodities including precious metals.
...I did warn you that commodities would continue to face tough times. All hopes of Chinese bazooka stimulus did give some hope but it wasn't enough.
...After the market crash and we move from deflation to inflation 2.0, that would be the prime time to look into Commodities. Until then, ASX has poor risk reward.
#Commodities: Post-US election weakness is primarily hurting the metal sectors amid USD strength on its safe-haven appeal. Together with rising yields and a recalibration of US rate cut expectations, precious metals have—for now—lost support. In addition, the threat to growth, especially in China, from tariffs and trade wars has forced industrial metals lower.
