Kofi Bofah

Why Oil and Gold Are Headed Much Higher

cubanstockpicker, this is classic:

'in reference to the analysts read the single sentence at the beginning of the article "The analysts provided no timetable for their predictions." They will eventually be right. I guarantee you, EVENTUALLY'

Why Oil and Gold Are Headed Much Higher

Bearish on commodities.

You speak of inflation, and monetary policy (weak dollar)

Inflation? What inflation? Inflation is largely a product of tight labor markets. The global availability of cheap labor, coupled with the requisite job losses of recession; and 'jobless recovery' period make inflation a non issue.

Although the U.S. is burdened with enormous piles of debt that would theoretically precipitate a plunging dollar; investors have clung to dollar denominated assets amidst this panic. The U.S. dollar will continue to experience a renewed vigor.

Not to mention that the supply-demand equation is out of whack, further pressuring prices with over supply and falling demand.

The commodity boom is over, my friend.

Why Oil and Gold Are Headed Much Higher

The commodities boom is dead.