21.09.2015 - Commodity index investing debate reignites
As investments go, commodities have proven such a dog they almost seem not worth arguing about. Once-popular theories — that central bank money printing would inflate hard assets, or that China’s appetite for commodities was bottomless — have dissipated like natural gas from a poorly sealed well. The Bloomberg Commodity Index, a basket of 22 futures contracts, is scraping the lowest levels in more than a decade. The benchmark chalked up a total return of minus 42 per cent over the past decade, even as the world burnt a tenth more oil and digested two-fifths more corn...............................................Full Article: Source
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