Who's to Blame for the Commodities Boom? [View article]
Commodities are not in a bubble. There will be corrections along the way and they are volatile but it is not a bubble. Never before in the history of the world has there been such growth with almost a billion (with a B) people entering the middle class in the next ten years. They are going to want what you have: bigger house, new car, stainless steel toaster, air conditioning, etc. Even with a recession, nothing can change the math in the long run.
-
Commodities are not in a bubble. There will be corrections along the way and they are volatile but it is not a bubble. Never before in the history of the world has there been such growth with almost a billion (with a B) people entering the middle class in the next ten years.
Apr 17 23:52 pm
|Rating:
0
0
All Comments by dorvedor »Who's to Blame for the Commodities Boom? [View article]
They are going to want what you have: bigger house, new car, stainless steel toaster, air conditioning, etc. Even with a recession,
nothing can change the math in the long run.