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Reports of commodities bull market demise may be greatly exaggerated

Posted on 10 July 2013

It has been a powerful bull market in commodities. So impressive, many refer to it as “the super-cycle.” Driven by insatiable demand from China and other developing nations, cheap money courtesy of the Fed and lack of investment in the previous cycle, commodities have been the place to be for over a decade.
Oil prices are up five-fold since the late 1990s, iron ore is up seven times and most agricultural commodities have more than doubled. Gold, as attested to on AM radio and in late night TV commercials, also enjoyed a bullish ride and is up over five times its price in 2001………………………………………..Full Article: Source


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VRS - who has written 39533 posts on Opalesque Commodities Briefing.


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