07.08.2008 - Commodities: time to buy in or bail out?
From telegraph.co.uk: Tens of thousands of investors have piled into commodities in recent years, spurred on by stupendous returns. Take the top-selling JPMorgan Natural Resources fund, for instance. For those who caught the commodity bug long before it became widespread and invested in the fund in 2003 they would have seen an outlay of £5,000 rocket to £19,450. But lately the commodity bull-run has shown signs of running out of steam. The CRB commodity index fell 10pc last month, the steepest one-month drop since 1980. Most raw materials have been slipping for months. Oil has dropped to a three-month low after peaking at $147 early last month. It begs the question: Is now a time to take profits? Many investors already are...... Full Article: Source
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