Rising Commodity Prices Hide Longer-Term Challenges
https://www.bloombergquint.com/view/201 ... challenges
Oil is up 37% over the past year. Lumber is up 32%. Rice is up 27%. Soybeans are up 18%. Copper is up 14%. Palladium is up 19%.
I could go on and on. My point is that commodity prices are much higher than they were a year ago. If this trend doesn’t reverse, prices of everyday goods and services will start creeping higher… which means your paycheck won’t go as far.
The good news is that you can protect yourself from rising inflation by betting on higher commodity prices.
You can easily do this by buying the PowerShares DB Commodity Index Tracking Fund (DBC). This fund invests in a basket of commodities. It’s diversified. That makes it a relatively safe way to bet on inflation.
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