The Time to Buy Commodities Is Near [View article]
Hey CLH. Never say "never". Why? Well, when's the last time world govn'ts printed money on this scale to bail out failed banking systems? So for that reason the previous rules are out. I really think too many people are still thinking in terms of "business as usual" investing. These are unprecedented times. Only if one can calculate the money leaving vs the money being injected accurately could you determine if it's falling or rising. I can't do that.
The fact that Mike Norman seems to agree with what my theory is (short term price falls and volatility followed by a long term move up in commodities as inflation hits) scary, though. He's been wrong for years now.
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Hey CLH. Never say "never". Why? Well, when's the last time world govn'ts printed money on this scale to bail out failed banking systems? So for that reason the previous rules are out. I really think too many people are still thinking in terms of "business as usual" investing. These are unprecedented times. Only if one can calculate the money leaving vs the money being injected accurately could you determine if it's falling or rising. I can't do that.
Oct 15 18:36 pm
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All Comments by BrunoT »The Time to Buy Commodities Is Near [View article]
The fact that Mike Norman seems to agree with what my theory is (short term price falls and volatility followed by a long term move up in commodities as inflation hits) scary, though. He's been wrong for years now.