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Commodities on the rise

Posted on 15 March 2013

Dambisa Moyo, international economist and best-selling author, on why the “commodity super-cycle” is not over. The commodity super-cycle – in which commodity prices reach ever-higher highs, and fall only to higher lows – is not over. Despite the euphoria around shale gas – indeed, despite weak global growth – commodity prices have risen by as much as 150% in the aftermath of the financial crisis. In the medium term, this trend will continue to pose an inflation risk and undermine living standards worldwide.
For starters, there is the convergence argument. As China grows, its increasing size, wealth, and urbanization will continue to stoke demand for energy, grains, minerals, and other resources………………………………….Full Article: Source


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VRS - who has written 40596 posts on Opalesque Commodities Briefing.


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