Maleeha Bengali is CEO of MB Commodities Capital, based in London.
Recent Articles By The Author
Inflation can be OK, but when it is not accompanied by solid economic growth it is called stagflation and is every central banker's nightmare.
What caused this rally?
We know that the extra oil is coming, it is just a matter of when not if. The big question is demand.
Traders may be mistaken in giving up on gold and silver and could miss out on potential solid gains in those metals.
For now, China's infrastructure-led stimulus efforts are helping drive demand for iron ore at a time when production is under pressure.
OPEC and its members have a bit of a dilemma as each country has its own government spending and deficit considerations.
We have a mispriced cross-asset opportunity in gold and silver.
Everyone wants to chase everything that has not moved yet, but not knowing why.