your concerns regarding gold/oil/wheat are similar to mine. as well, there’s speculation that the recent price drops of 10%+ are the result of hedge funds and institutional investors liquidating due to margin calls and capital requirements.
short treasury yields are practically zero indicating a “flight to quality”. assuming that the smart money is driving the yields down and j6p is clueless, i’d probably join the smart money and hide in short treasuries.
btw, metals, foreign currencies, etc are not exactly “low risk”. historical price of gold vs today, for instance, and currency backlash such as what just happened when the fed cut .75 instead of the expected 1.0.
edit:
also, jim cramer has been selling gold and oil lately whereas, 6 months ago, he was calling gold bugs “kooks”. what does that tell you? tells me its time to get out of gold/oil…
