08.10.2010 - Time for caution on commodities
From Seekingalpha.com: Commodities have been popular with investors for many years. But it may be time for caution, suggests Tony Boeckh in his book, The Great Reflation. Bull markets always face “a huge headwind.” Large price increases do not lead to rising prices over the long term, he warns. His main points: Studies show real prices for commodities decline over the long run; "over the past 210 years, industrial commodities, adjusted for inflation, have fallen about 70%.”.............................................Full Article: Source
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