19.03.2015 - Why Commodities Are Toast
The 1970s were much like the previous decade. While, as Mark Twain said, the past doesn’t repeat itself, but it does rhyme, the 1970s and the 2000s had many of the same elements: war in the middle east, commodities boom, market crashes. It’s likely a generational effect. Commodities are a stand out similarity to me. Commodities soared, resource plays sizzled. Plenty of crazy volatility lit up the various markets attached to commodities. Commodities is the fastest game in town. The volatility and the leverage combine to create a potent cocktail for a dangerous speedball of speculation. Commodity trading is a story of fortunes won and lost...............................................Full Article: Source
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