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Is the epic boom in commodities over?

Posted on 20 September 2013

It was one of the best calls in memory. Back in the late 1990s, when the world was in the thrall of the dotcom bubble, Jim Rogers foresaw a China-driven commodities boom. In the decade-plus since, hundreds of billions poured into the sector — including to investment products from UBS, Merrill Lynch, and others based on his Rogers International Commodities Index — to try to capitalize on the surging prices of oil, metals, and grains.
But lately, with gold 20% below its high and miners cutting back on new projects, a growing chorus of Wall Street voices has begun to declare the boom over. Rogers, 70, disagrees………………………………………Full Article: Source


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VRS - who has written 36568 posts on Opalesque Commodities Briefing.


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