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Bad News Is Good News: A Contrarian Case for Commodities

It seems like we are surrounded by bad news—crude oil has dropped under $50 a barrel, and gold ended 2014 in negative territory again. But we think the bad news is actually good news. As we step out into a new year, it’s the perfect time to gather our thoughts and our research, and share what we anticipate for 2015.

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Net Asset Value
as of 05/25/2017

Global Resources Fund PSPFX $5.35 -0.03 Gold and Precious Metals Fund USERX $7.04 -0.05 World Precious Minerals Fund UNWPX $6.23 -0.03 China Region Fund USCOX $8.93 0.12 Emerging Europe Fund EUROX $6.39 -0.02 All American Equity Fund GBTFX $24.25 0.11 Holmes Macro Trends Fund MEGAX $19.32 0.12 Near-Term Tax Free Fund NEARX $2.23 No Change U.S. Government Securities Ultra-Short Bond Fund UGSDX $2.00 No Change