Is gold ready to break out?

Commodities prices are surging. World white sugar prices reached record levels on Aug. 10, largely because of booming demand in India where the government has lifted a ban on imports.

Upbeat headlines have been everywhere in recent weeks, and they all seem to point to a single conclusion: The U.S. economy is in the early stages of a very rapid recovery.

With the incredible amount of interest in buying gold and investing in commodities, Investment U has turned to Money Morning commodities expert Peter Krauth to give an idea on where we are in regards to their historic cycles and how investors can take advantage of where we are right now…There’s never been a better time to begin investing in commodities.

With the global economy on the mend, could gold be gearing up for another record-setting run? It sure looks that way. 

Deprecated and reduced as a financial asset, gold is fast-gaining new buyers yet remains under-invested compared to previous crises…

“FEAR, Mr. Bond, takes gold out of circulation and hoards it against the evil day,” as 007 learns from a Bank of England officer in Ian Fleming’s Goldfinger (1959).

Inflation threats are right around the corner. Eric Fry of the Rude Awakening examines 6 ETFs and how to prepare for the “near-certain arrival of inflation.” He says now is the time to be wary of price increases and these ETFs act as an “insurance policy” to hedge against them.

If you know how to play the volatile nature of the commodity sector, this article is not for you. Lee Lowell of the Smart Profits Report gives three reasons why commodity investing has changed for the better, and how to profit from them.

The Fed’s drastic rescue measures for the economy are sure to keep the US dollar in the doldrums, says Martin Hutchinson. Foreign governments – which have long supported the greenback – are slowly diversifying their holdings. Martin says investors should play this long-term trend by buying hard assets and international stocks.