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Bullish on commodities for long term: Mark Mobius

Posted on 20 May 2011

What about other commodities, especially gold, silver and crude. Is there a bubble there Of course. There are bubbles all over the place, but the question is when they will burst. Bubbles are beautiful. And many of these bubbles will continue to remain so because of the demand-supply situation in these commodity areas.
If you look at the growth rate in emerging markets, this year on the average including some basket cases are going to be growing at three times faster than Western Europe, the US and Japan. So obviously on a per capita income basis, although the per capita incomes are much less, emerging markets are moving at a very fast pace……………………………………….Full Article: Source


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VRS - who has written 36088 posts on Opalesque Commodities Briefing.


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