Hedging Crude (/CL) | Nickel Down and Gold Up

There will be a lot of hedging and more buying activity in crude as we got into peak season, says Larry Shover, Chief Investment Officer of D. Alexander Capital. Larry discusses the extreme decline in nickel. Ben and Larry discuss the fast incline in gold futures (/GC) and analyze the chart. Wheat futures (/ZW) have had a large run up with the uncertainty of the planting season in Ukraine. Lastly, Larry says the narrative between Russia and Ukraine and inflation concerns will affect interest rates, but also points to the retail and housing market as the next catalyst.