Gold, oil and copper prices still have room to increase because of the current turmoil in the Middle East, weak economic data from the United States and strong demand from emerging markets, Michael Widmer, metals strategist at BofA Merrill Lynch Global Research told CNBC.
Don't get too caught up in this rally, the "Mad Money" host said.
Commodities have had a strong run, but is the global economy (read: China) strong enough to support continued gains?
The "Mad Money" host explains how to navigate around the bears and locate opportunities.
Corn, energy and some industrial metals look particularly well positioned for gains in the year ahead, thanks to tight inventory levels and potential supply shocks.
London-based company Lonmin, the platinum mining firm affected by strikes at their Marikana facility in South Africa, is a definite opportunity for investors looking to enter the sector according to Alison Turner, mining analyst at Panmure Gordon.
State-controlled Chinese Aluminum giant Chalco's decision to drop its bid for SouthGobi Resources could actually push the Mongolia-focused coal producer's share price higher, according to one commodities expert.