What I'm Reading This Week: Commodities, Inflation and BRICs [View article]
richjoy, well said and correct. But this will only happen if we get the neoconservative freaks our of office. While McCain would certainly be better than Bush, the Republicans have had their chance to do something and must be replaced.
Too many people know little to nothing about what needs to be done and the Karl Rove tacticts of fear and lies are rising again. I hope the people come to their senses and stop listening to the ads.
This article puts a lot of reasons for selecting an ETF in perspective. Personally I don't give much weight to the spread as i would buy at a certain price only if I think there is a good chance of a large gain over the coming year. I own some DBC as it includes Ag and Energy. some say to own real assets like silver but beyond owning a small amount of this (like silver quarters) I question if this is of any worth. If the futures market failed, would there still be food on the store shelves and would owning SLV make any difference? Could some deeper financial genius comment on that?
Who's to Blame for the Commodities Boom? [View article]
Sliv812 is absolutley correct. There use to be a lot of discussion abou the world population explosion. Then it stopped about the time Bush 2 came to power. Why? Because some groups want to increase their numbers. Need proof? Look at Mormon families in the SW (5 to 10 kids per family). Look at illegal immigration. Look at poligamist sects. Population is power and religious and Mexican groups (in the U.S.) want that power. The U.S. is straining and there will be shortages, including water. Do we really want 450 million people here? I know I don't. On the issue of taking the opposite side if prices are too high, that suggestion is lacking in merit. Prices can go up on speculation for a long time due to greed. How else do you explain the housing crisis? The real problem is knowing if it is demand or speculation driving the price and when it will stop. There are too many people trading for profit instead of investing so speculation moves in a wave from one trend to another.
What I'm Reading This Week: Commodities, Inflation and BRICs [View article]
Too many people know little to nothing about what needs to be done and the Karl Rove tacticts of fear and lies are rising again. I hope the people come to their senses and stop listening to the ads.
Making Sense of Commodity Products [View article]
some say to own real assets like silver but beyond owning a small amount of this (like silver quarters) I question if this is of any worth. If the futures market failed, would there still be food on the store shelves and would owning SLV make any difference? Could some deeper financial genius comment on that?
Who's to Blame for the Commodities Boom? [View article]
On the issue of taking the opposite side if prices are too high, that suggestion is lacking in merit. Prices can go up on speculation for a long time due to greed. How else do you explain the housing crisis? The real problem is knowing if it is demand or speculation driving the price and when it will stop. There are too many people trading for profit instead of investing so speculation moves in a wave from one trend to another.