Commodity Readings: Precious Metals, Boom or Bubble?,
- Bespoke: Crazy Commodities
Gold gets the most attention when metals rally, but surprisingly, it has gone up less than both Platinum and Silver since the parabolic rally began. As shown below, Gold has rallied 44.17% since the start of August, while Silver has rallied 47.63% and Platinum has rallied a whopping 66.52%. Next time you’re at the jewelry store, remember that Gold is actually a bargain comparatively!
- Safe Haven: Who is Blowing Bubbles in the Commodity Markets?
“Too much money, chasing too few commodities,” might be the best way to explain the historic rally that is underway in the global commodities markets.
. . . super-easy central bank money policies, and rate cuts in Canada, Hong Kong, Saudi Arabia, England, and the United States, combined with strong demand for industrial and agricultural commodities from emerging China, India, and the Arab oil kingdoms, are laying the groundwork for a new era of hyper-inflation worldwide.
- Yahoo Finance Poll: Commodities have been on fire. Which will perform best through year-end?
Commodities have been on fire. Which will perform best through year-end?
Agricultural — wheat, corn, sugar 36%
Metals — gold, silver, copper 32%
Energy — oil and gas 32%
70525 Votes to date
The reason for highlighting this poll is that commodities have ‘arrived’ on the public radar - makes me wonder how long this boom/bubble is goin to last.
