yank

True Wall of Worry Lies in Commodities, Not Equities

Davy:
I hear you about the commodities wall of worry. I've been long precious & base metals, and the energysector since 2002. Along the way I have heard all the maoning and handwringing that these prices are not "sustainable". Let them whine. As Jim Rogers has said we are only in the 2nr or 3rd inning of this supercycle. NO commodity bull market has ever lasted LESS than 15 years. As for gold, many so-called experts have gotten that call wrong. All one need do is look at the current PM of the UK, Gordon Brown. Brown SOLD 500 million tons of gold as the Chancellor of the Exchequer right before gold prices began a triple digit percent move up. Talk about "leaving money on the table". And the Brits went out and elected him Prime Minister! Go figure.

Commodity Analysts Believe the Party's Over

Bloomberg's commodity forecast is pretty much worthless. Nothing is stated to support WHY key commodities will decline this year. Just because they have gone up they will go down? Sorry, it doesn't work that way. Obviously Bloomberg missed the memo from Jim Rogers. We are still in the early stages of a "multi-year" bull cycle in commodities. Most of these hard assets have YEARS to run before they pull back. Bloomberg just doesn't get it.