............"Get Out of Commodities - Barron's"
"Get Out of Commodities - Barron's," see http://seekingalpha.com/article/70389-get-out-of-commodities-barron-s?source=side_bar_comments.
Here's part of the article:
"Commodity bull Jim Rogers notes that there are about 70,000 mutual funds in the world, and only about 50 that invest in commodities. He thinks the speculative bubble has a few years to go. But looking at the 'smart money' -- farmers and others who actually trade in and use the physical commodities -- tells a different story. Net commercial shorts are 30% higher than a previous record."
Note that even Jim Rogers indicates that it's a "speculative bubble."
It's obvious that the US and the world is in the midst of a deflationary major economic downcycle, that obviously will play a major factor in bursting the commodities bubble (many/some like gold have already burst). Many foreign stock markets like China are crashing, and, have been hit even harder than the US.
....... http://www.JoeFRocks.com/ .
Here's part of the article:
"Commodity bull Jim Rogers notes that there are about 70,000 mutual funds in the world, and only about 50 that invest in commodities. He thinks the speculative bubble has a few years to go. But looking at the 'smart money' -- farmers and others who actually trade in and use the physical commodities -- tells a different story. Net commercial shorts are 30% higher than a previous record."
Note that even Jim Rogers indicates that it's a "speculative bubble."
It's obvious that the US and the world is in the midst of a deflationary major economic downcycle, that obviously will play a major factor in bursting the commodities bubble (many/some like gold have already burst). Many foreign stock markets like China are crashing, and, have been hit even harder than the US.
....... http://www.JoeFRocks.com/ .
1 Comments:
Got cycles? Beware of glue sniffing gold criminals and their non stop scam.
By Joe Ferrazzano, at 12:42 PM
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