Commodities and the Fed: Answering the Skeptics [View article]
Surging Economies such as India and China are generating an unprecedented demand for commodities as workers get richer. Just picture, say, 300 million people dropping their bikes and picking up a motorcycle or small car. If they use 2-3 gallons gasoline/week ... you get the picture I have charted ratios between Crude, Intermediate & Finished Goods. These ratios are at extreme, pointing to an imminent correction in commodities.
Commodities and the Fed: Answering the Skeptics [View article]
Just picture, say, 300 million people dropping their bikes and picking up a motorcycle or small car. If they use 2-3 gallons gasoline/week ... you get the picture
I have charted ratios between Crude, Intermediate & Finished Goods.
These ratios are at extreme, pointing to an imminent correction in commodities.