Burst Bubble? Commodities' Long-Term Story Remains Intact [View article]
I agree with 95.43% of your article. Especially your last paragraph:
"I don’t know where the story goes next from here. Maybe, some of the commodities will drop another 20% from here. And I’ll cringe every step of the way. But I know where this story must end — with higher inflation, strained energy supplies and a burgeoning emerging rest of the world who won’t continue to foot the bill for Americans living large. The long-term fundamentals dictate that any major corrections remain buying opportunities for long-term investors."
I hate quoting dudes, but I whole-heartedly agree with that sentiment. Inflation isn't going to settle down anytime soon. I, too, believe that it's going to get worse, and commodities like gold and pork bellies (I always laugh at that one for no reason) will outvalue the dollar in the years to come.
Burst Bubble? Commodities' Long-Term Story Remains Intact [View article]
"I don’t know where the story goes next from here. Maybe, some of the commodities will drop another 20% from here. And I’ll cringe every step of the way. But I know where this story must end — with higher inflation, strained energy supplies and a burgeoning emerging rest of the world who won’t continue to foot the bill for Americans living large. The long-term fundamentals dictate that any major corrections remain buying opportunities for long-term investors."
I hate quoting dudes, but I whole-heartedly agree with that sentiment. Inflation isn't going to settle down anytime soon. I, too, believe that it's going to get worse, and commodities like gold and pork bellies (I always laugh at that one for no reason) will outvalue the dollar in the years to come.