27.05.2010 - No price highs for commodities
From Investordaily.com.au: Commodity prices will not see the heights of the pre-crisis years again, according to Legg Mason's hedge fund arm The Permal Group. "Commodities were a bull market phenomenon, and the new normal is going to be a lower range of pricing," Permal investment strategist Tim Schuler said yesterday at the Legg Mason Investment Symposium in Sydney. But not all commodities will fall in price - Schuler believes the gold price will remain high. "Gold does not behave like other commodities in the market. Gold is a store of value - it is a Boeing in a sea of Fiats," he said..............................................Full Article: Source
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