Commodity Un-Crash

Commodities are doing the opposite of a crash today, as the split personality market continues:

  • Oil futures are up over 3%, back above $100/barrel.
  • Silver is at $35.28 vs. lows below $33 yesterday.
  • Copper is back ov ver $4.
  • And the ags are just killing it. You can see the big two-day rally in the Deutsche Bank agriculture ETF.