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Wednesday, December 16, 2020

US Economy: How a weaker dollar could help fuel a commodities boom in 2021

Long-suffering commodity markets may have turned a corner after a pandemic-induced collapse in 2020. What happens next may depend on the fate of the U.S. dollar.

“The only way to get commodities moving in an inflationary, buying power way is a weaker dollar,” said Doug King, head of RCMA’s Merchant Commodity Fund and one of the world’s best known commodity traders, in an interview with MarketWatch.

Read more at: How a weaker dollar could help fuel a commodities boom in 2021 - MarketWatch