Remember, Russia is an oil and gas play no matter what you like about non-commodity fundamentals.

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The improvement in the dollar, discussed below, is likely to add some pressure on commodity markets despite the strong fundamentals.

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Some professional money managers are starting to treat commodities as a tradable asset class, which bothers some traditional investors as each commodity has different supply and demand fundamentals.

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Regardless of which commodity you choose to put your money in, be sure that the macro fundamentals play into your thesis in the near term and the long term.

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