How long bull run in commodities?

SLUSK

Commodities have been a very well performing asset class. How long do you think is left of the commodities bull market? I think commodities still is the best place to be since central banks all over the world are stimulating the economy.

If we get a real recovery the commodities will keep on going up, if we don't get a recovery I think commodities still will be a good place to be because of inflation.

How long do you think we have left of the bull run in commodities?

I have invested about 9500 euro myself in a Swedish mining company so obviously I hope for a continued bull run in commodities.

Time Magazine

Moved from Economics.

pog it

Slush is it a gold mining company?

I agree with you re commodities being a good investment. Just not in Gold. At 1000+ an ounce it's just too much unless you really know what's going on and you are a big investor. Maybe I'll be wrong here but I'd rather stick with more useful commodities there will be demand for. Trick will be to find companies that have plenty of growth in them and that haven't had immense gains up to now so there is more room to go up..
This is even more important to me as I still expect lots of volatility.

I just bought 'The Intelligent Investor'- I opened the contents page and instantly saw 'the investor and inflation' chapter heading and I was at the checkout

SLUSK

pog it wrote: »

Slush is it a gold mining company?

I agree with you re commodities being a good investment. Just not in Gold. At 1000+ an ounce it's just too much unless you really know what's going on and you are a big investor. Maybe I'll be wrong here but I'd rather stick with more useful commodities there will be demand for. Trick will be to find companies that have plenty of growth in them and that haven't had immense gains up to now so there is more room to go up..
This is even more important to me as I still expect lots of volatility.

I just bought 'The Intelligent Investor'- I opened the contents page and instantly saw 'the investor and inflation' chapter heading and I was at the checkout

The company is called Boliden. They mainly do copper and zinc. I personally believe gold will continue to go up as well. I believe that investors big and small will lose more and more faith in paper money and move it to gold as a hedge for inflation.

pog it

A lot of commentators are saying gold can go up to 1500 by end of Spring.. and maybe it will. Roubini is saying that the end of ultra cheap money in 2010 will snuff out gold's rally (FT Weekend is where I saw this quoted) and then elsewhere I read that he is at the very least highly skeptical of the highs that have been forecasted for gold to reach..
but he could yet be proven wrong of course.

It is definitely not going to be as easy as last year to make gains in other kinds of stocks. I'm staying objective though.

SLUSK

pog it wrote: »

A lot of commentators are saying gold can go up to 1500 by end of Spring.. and maybe it will. Roubini is saying that the end of ultra cheap money in 2010 will snuff out gold's rally (FT Weekend is where I saw this quoted) and then elsewhere I read that he is at the very least highly skeptical of the highs that have been forecasted for gold to reach..
but he could yet be proven wrong of course.

It is definitely not going to be as easy as last year to make gains in other kinds of stocks. I'm staying objective though.

This is a big clash between the gurus. Nouriel Roubini says gold is overvalued, Jim Rogers think gold will hit $2000.
http://moneynews.com/StreetTalk/JimRogers-Roubini-GoldBubble-disagree/2009/12/30/id/344952

I myself am not to exposed to gold anyway, as I said before mostly zinc and copper.

Colm_OB

Here is an interesting article on

[FONT=Verdana, Arial, Helvetica, sans-serif]“Commodity Super Cycle” Ready to Rumble in 2010[/FONT]

http://news.goldseek.com/GoldSeek/1262805613.php

ED 209

Well the question should be when are interest rates going to be hiked to stop inflation? The lack of credit also means that there are no new mines for any commodity opening. This has long term implications. As for Gold. Central Banks are buying gold now where before they were selling. From a Gold vs money supply situation gold is undervalued. The issue about Gold is maintaining purchasing power of your savings. We should have learned the virtues of hedging our bets over the last couple of years. There is no harm in having a bit of gold sitting in a vault somewhere.

I think long term, gold is a great place to be. Especially with any global currency recalibration with IMF SDRs. The bandwagon for gold hasn't left the station just yet.

bealfeirste5

Colm_OB wrote: »

Here is an interesting article on

[FONT=Verdana, Arial, Helvetica, sans-serif]“Commodity Super Cycle” Ready to Rumble in 2010[/FONT]

http://news.goldseek.com/GoldSeek/1262805613.php

Thanks for the link, it was a very interesting article