The Bear Reaches Out for Commodities [View article]
Commodities are not a fad. They are the stuff that growth is made of. When everyone in China, India and other emerging economies has the same standard of living as the U.S, Europe and the rest of the world's fatcats, or the Earth spins out of orbit, the demand for commodities will continue to grow. Until then we will endure cycles of profit-taking, bargain-shopping, and silly panic until the "experts" lift their noses off the charts and look at the big picture.
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Commodities are not a fad. They are the stuff that growth is made of. When everyone in China, India and other emerging economies has the same standard of living as the U.S, Europe and the rest of the world's fatcats, or the Earth spins out of orbit, the demand for commodities will continue to grow. Until then we will endure cycles of profit-taking, bargain-shopping, and silly panic until the "experts" lift their noses off the charts and look at the big picture.
Aug 06 14:16 pm
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