How much of an impact has the Ukraine-Russia conflict had on commodities? John Feneck, a portfolio manager and founder of Feneck Consulting, explains that the commodities market was already in a rally before any discussions with Russia; however, the conflict has poured gas on the fire.
Commodities Are Winners in Russia-Ukraine Conflict
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While everyone seems to be losing in the Ukraine-Russia conflict, one sector has triumphed: commodities. John Feneck, a portfolio manager and founder of Feneck Consulting, explains that the commodities market was already in a rally before any discussions with Russia; however, the conflict has poured gas on the fire.
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- Connect with John on LinkedIn and visit his website.
- Track the GDX and GDXJ ETFs.
- “Inside Putin’s Mind: His Goals, Motivation & World View — What The West Needs to Understand,” The New Culture Forum, YouTube.
- “Russia-Ukraine Conflict: Will commodity price rally sustain this week?” Business Standard.
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Fergus Hodgson is Gold Newsletter’s roving editor. Follow him on Twitter, Facebook, and LinkedIn.