Much comment this week about Gold as it reached a new 2017 high. Certainly it is a landmark event, and metals generally had a good week. But compare GLD with Industrial Metals (DBB). BigCharts: GLD & DBB - 3 mo
The chart shows only the past three months, but during that period the industrials have done quite well. I suppose they are trying to tell us something about economic activity, but I don't know if it would apply only to the U.S. or extend internationally. GCC (a diverse commodities ETF) is included for reference. -- AGL
PS: I've noticed that when I post about a trending item it sometimes signifies an end-to-trend (or maybe a pause). So advise caution. No positions.