"... However, as investors' attentions have been focused on the major averages' strong comeback from their February 3rd lows, the Dow Jones/UBS Commodity Index is up 8.02% YTD. More importantly, natural gas is better by 10.31%, corn by 14.43%, gold has gained 10.86%, and coffee is up an eye-popping 73.98% YTD. The result feels to me like the "worm has turned" and that commodities have begun a rally that has upside "legs." ..."
Look at those year-to-date (YTD) price increases! Coffee, I would guess, has topped out, but grains, energy and metals may be seeing renewed bull market action.
In my opinion, the bull in metals prices never ceased, it just went into hybernation for a while, at least from the start of the cycle dating from '02. Click the "MAX" selection at these chards. http://miningalmanac.com/indices/
Related:
http://finance.yahoo.com/news/tiny-gold-miners-etf-soars-120030747.html