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In the case of commodities, what goes up must come down, suggests FT Alphaville's Neil Hume, who...

In the case of commodities, what goes up must come down, suggests FT Alphaville's Neil Hume, who wonders what this up-and-away chart would have looked like without the threat of Iran and the fervor of gold bugs.
Comments (7)
  • Stupid thesis.
    The fact is that threats, droughts, and perils of all sorts exist in the real world and are factored into everything.
    3 Sep 2012, 09:57 AM Reply Like
  • The 1st comment was more insightful than the article.
    3 Sep 2012, 09:57 AM Reply Like
  • I don't feel Iran is propping up the price of oil right now and I doubt there are enough gold bugs to drive the prices in gold the way ts happened over the last decade...


    But, I will agree that in the last decade China's growth binge and the West's debt fueled consumption will inevitably slow down and bring some kind of reversion to that spike....


    And unfortunately for the believers in some kind of global growth story driving ever increasing commodity consumption, India, Africa, and most other potential 'growth' locales look rather unlikely to pick up the slack.
    3 Sep 2012, 10:12 AM Reply Like
  • It's simply 2% inflation. Oh wait...


    Wheat, corn, rice etc. All the same, no gold bugs there, no war there.



    Just accept the fact you're not as rich as you were 5 years ago.
    3 Sep 2012, 11:45 AM Reply Like
  • Golly, are Neil and/or Neil's friends short the commodity sector. Hang in there buddy because if you liked to sell at these prices-now you will have the opportunity to average in a better (higher) price, at least, I think in the near term for metals and liquid gold. Every thing is near term these days---risk on, risk off baby.
    3 Sep 2012, 11:56 AM Reply Like
  • Who is Neil Hume?


    And why?
    3 Sep 2012, 12:51 PM Reply Like
  • I think paper money should be considered a it is going up, up , and away....trillions get to pick the color of your paper though....pretty stuff really
    3 Sep 2012, 05:11 PM Reply Like
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