keo

How Commodity Prices Are Hurting Global Economies

More monsanto style agritech ? Yes maybe. Solar ? Perhaps. New Oilfields ? Who knows. Better farm yields ? Well, why not ?

I see the problems you mention. We are getting out of a long bear market in commodities. Low prices formed no incentive to search for new resources. Companies did not invest in searching for oil for example. No new mines were opened. There was no money to be made. The situation is now changing.

I am not short in commodities. In fact, I have quite a lot invested in commodities (mainly using the RICI products). I believe in cycles. The commodity cycle is not over yet, but it will not last for ever either.