DaveinHackensack

Is the Commodities Bull Market Over?

"According to Jim Rogers, the famous commodities guru, commodity prices move in cycles of about 18 years, and since the current bull market started at 2002, he expects it to last until about 2020."

Jim Rogers has said the current secular bull market in commodities started in 1999, not 2002, and I don't recall him definitively saying he expects it to last until 2020. He's usually more careful in his statements. He has said that, historically, the shortest such secular bull market in commodities last 15 years, and the longest lasted 23. If that history is a guide, the current secular bull market could last until 2014 or longer.

In Light of Peak Oil, Financial Diversification Is a Bad Idea

Brian Pursley,

You're right that the supply is low due mainly to political factors. You're also right that the world has plenty of oil. I agree with both of those premises of yours and I'm still bullish on oil, at least for the next 5-7 years. Why? Because it will probably take at least that long for supply increases to catch up with demand. A lot of these projects take years to get the oil flowing, and everyone won't be trading their car for a hybrid overnight.