Buffett's BNI Purchase: Bearish Bet on the Economy? [View article]
Jeff, Surprised he did not purchase a bulk shipper as this counrty will have to export commodities and manufactured goods in order to survive, a technology even older then the rails.
I feel that commodities will be higher in the future as the world is flooding with currencies. Yes, commodities run up was over done and it will be overdone on the downside as well but if you are looking to add commodities as a long term asset class then this could be a good time to start a position or add to one.
Buffett's BNI Purchase: Bearish Bet on the Economy? [View article]
Surprised he did not purchase a bulk shipper as this counrty will have to export commodities and manufactured goods in order to survive, a technology even older then the rails.
Oil Breaks Below $38; Bespoke's Commodity Snapshot (12/18/08) [View article]