RJI was a brilliant idea. It is a great way to position yourself in commodities without cleaning out your portfolio and buy gobs of contracts to balance out your exposure as you would in Rogers International Index. I also discount the idea of there being any kind of commodities bubble. This is a world economy now. Asia is booming and there are more people acquiring wealth (or at least money) and are spending it on cars and buildings--both dig deep into the core of Rogers' Index. Any "corrections" will be minor at the very worst and short lived. Moving forward, I see these natural resources soon becoming in short supply and I see no immediate end in the U$D slide (as long as Bernanke is fed chief) so expect commodities to continue their climb. It's really the only game on the planet.
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RJI was a brilliant idea. It is a great way to position yourself in commodities without cleaning out your portfolio and buy gobs of contracts to balance out your exposure as you would in Rogers International Index. I also discount the idea of there being any kind of commodities bubble. This is a world economy now. Asia is booming and there are more people acquiring wealth (or at least money) and are spending it on cars and buildings--both dig deep into the core of Rogers' Index. Any "corrections" will be minor at the very worst and short lived. Moving forward, I see these natural resources soon becoming in short supply and I see no immediate end in the U$D slide (as long as Bernanke is fed chief) so expect commodities to continue their climb. It's really the only game on the planet.
Mar 09 12:23 pm
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