DougM

Is the Commodities Bull Market Over?

FWIW I think you're right, but as we've seen this year, there are limits to how far prices can rise before they choke off the very economic expansion that fuels the boom in the first place. The market needs to find a balance between continued world-wide GDP growth and rising commodity prices. Ultimately, it will have to find substitutes for the most constrained resources or the growth simply can't continue.

Gold Bubble May Be Coming to an End

Should have been 65% jewelry - sorry for the typo.

Gold Bubble May Be Coming to an End

www.research.gold.org/.../

2007 stats:
2426 tonnes jewelry
466 tonnes industrial/dental
656 tonnes investment (including ETFs)
3547 tonnes total

So it looks like 15% of the demand is essential commercial uses, 20% is hoarded by investors, and 75% goes to jewelry. Sorry, that's not as persuasive as something like food or energy that people can't easily do without.

Gold Bubble May Be Coming to an End

For everyone saying gold's price is justified by supply/demand imbalance, how much of the "demand" is commercial and how much is just going into the hands of investors?

For everyone saying gold's price is being driven by inflation, has there really been 50% inflation in the past 6 months?

Commodities Gone Wild

How is it that the same bears that were trotting out charts of parabolic house prices during that bubble are apparently blind to the exact same thing happening in an asset class they like (commodities generally, gold particularly)?