Good point, Dan... and why is there so much money out there to chase commodities? It may have to do with the Fed printing copious amounts of fiat (joined by central banks worldwide). Inflate or die. The smart money is still going into commodities.
While corn gets used (recklessly) on ethanol, as millions worldwide starve for want of food, as there are gas lines in China, as Iran is troubled about providing for their own energy needs (let alone supplying for the rest of the world), common sense dictates that for the next two or more years, commodities will continue to do fine, and they'll certainly do well enough to protect the last 5+ years of gains.
@christle and js: haha!
For those folks that don't think commodities will do well: Sit back and enjoy the show.
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Good point, Dan... and why is there so much money out there to chase commodities? It may have to do with the Fed printing copious amounts of fiat (joined by central banks worldwide). Inflate or die. The smart money is still going into commodities.
Mar 26 23:36 pm
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All Comments by deecee »Why I Don't Own Commodities [View article]
While corn gets used (recklessly) on ethanol, as millions worldwide starve for want of food, as there are gas lines in China, as Iran is troubled about providing for their own energy needs (let alone supplying for the rest of the world), common sense dictates that for the next two or more years, commodities will continue to do fine, and they'll certainly do well enough to protect the last 5+ years of gains.
@christle and js: haha!
For those folks that don't think commodities will do well: Sit back and enjoy the show.