theobserver

1 Comment

    • ON: Thu Apr 17th 21:49 PM
      Commented on:
      Commodities Bubble Needs to Burst
      OMG food riots in egypt. Give me a break, people camped out and signed up for lotteries for houses and look where that led. These runups if you look at charts are nearly identical for tech stocks, then houses and now commodities. Wait until producers keep dumping supply on the market. The only difference is knowing when to pull out. If you've been in it for the long haul enjoy the profit, if you are buying now you are a fool. The psychology is the same, this time its different, the world is decoupling, the model is really different this time. All data shows that a some time, all trends revert to the mean and that can be painful.
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