Venezuela Turbocharges the Commodities Bull Market

There’s one clear implication from the events unfolding in Venezuela-- multilateralism and rules-based foreign policy as we know it could be a thing of the past. That’s a boon for...

By Edward Harrison · Bloomberg

There’s one clear implication from the events unfolding in Venezuela-- multilateralism and rules-based foreign policy as we know it could be a thing of the past. That’s a boon for commodities, including precious metals, meaning that the bull market has room to run. The bigger question is what it means for inflation.