Political tension and falling US dollar pushing crude oil to new all time highs every week. Cumulative return for crude oil since the beginning of 2000 is 696.6% which gives annually return 25.9%. It is the commodity with the highest performance. Just for comparison NASDAQ return is 21% and S&P 500 with 19.5%.Another winner in the current market is gold. All these financial turmoils attract attention to gold as a hedging asset. For the same period gold return is 183.3%.
This video analysis show correlation between US dollar, gold and crude oil. All these three makes current market like vicious spiral.
Related tickers: (GLD), (OIL), (QQQQ), (SPY), (UUP), (UDP),


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