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Five Ways to Profit from the New Year Rebound in Commodity Prices
Between September 2007 and June 2008, oil prices doubled, gold rose 30% and commodities, in general, advanced by a similar percentage.
So why, six months later, when prices have fallen back below last year’s levels, does everybody think they won’t rise again? The difficulties of extraction haven’t gone away, nor have the prospects of increasing consumption in the faster-growing emerging markets such as China. Yes, the prices of commodities are severely affected by marginal moves in supply and demand, but this is ridiculous!
Rest assured, commodities prices will rebound in the New Year. The reasons will soon become quite clear.
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16Dec2008 | Money Morning | 0 comments | Continued
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