Did not we forget that we had a commodity bubble together with property bubble?
Now almost all types of assets prices are falling. Not only that now their currencies also falling.
We are at the beginning of commodity bear market.
It will take 05 to 10 years to form the next bubble in the commodity market.
Even OPEC cut or even investment banks write reports, still oil and other commodity prices will come down. Sooner than later oil will go down to$35 a barrel.
We know what happened to $200 oil reports? Where is the demand for commodities they said?
Reasons for commodity bubble:
Trading in derivatives. Speculation Activity of market participants including investment banks
Now they have created currency and credit card bubble as well.
Commodities: The Next Bubble? [View article]
Now almost all types of assets prices are falling. Not only that now their currencies also falling.
We are at the beginning of commodity bear market.
It will take 05 to 10 years to form the next bubble in the commodity market.
Even OPEC cut or even investment banks write reports, still oil and other commodity prices will come down. Sooner than later oil will go down to$35 a barrel.
We know what happened to $200 oil reports? Where is the demand for commodities they said?
Reasons for commodity bubble:
Trading in derivatives.
Speculation
Activity of market participants including investment banks
Now they have created currency and credit card bubble as well.