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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