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The cpmmodity bull run is overThe cpmmodity bull run is over
AlfredSokol said: "Commodities are falling through key support. The loonie is in the tank and world oil demand has been dampened.
Do you think a bear market for commodities is now here?"
Aligator said: "[QUOTE=AlfredSokol;72210]......Do you think a bear market for commodities is now here?[/QUOTE]
Yes, I do. I follow the Spyder Sectors and XLE, the Energy Sector of the S&P, is falling fast."
hasse_john@yahoo.com said: "With the entire world falling into a recession, clearly consumption will decrease, and with it the commodity 'bull'. Hopefully the US will have an attack of sanity, and stop turning food (corn) into fuel (ethanol) and people will be able to afford to eat better."
lil dickie said: "The US corn crop was the second largest in history this year and yet prices still go up? Sounds fishy to me."
hasse_john@yahoo.com said: "What we are comparing is the desirability of owning real stuff, and the value of owning green paper with numbers on it. Since it is easier to make green paper with numbers, and the fed is doing it with a big shovel, ('monetizing' the debt), it is easy to see that stuff will command a higher price for the extended future."
ratAphooey said: "[QUOTE=hasse_john@yahoo.com;72309]What we are comparing is the desirability of owning real stuff, and the value of owning green paper with numbers on it. Since it is easier to make green paper with numbers, and the fed is doing it with a big shovel, ('monetizing' the debt), it is easy to see that stuff will command a higher price for the extended future.[/QUOTE]
I agree. Traditional economics have always taught that increasing the money supply will devalue the currency and increase inflation. It seems to be showing up first in the items people need daily."
rmani said: "i personally don't think it's over yet. this is the temporary calm before the storm hits again, after which we'll probably see a more steady and slower pull back to normal levels.
the stronger dollar is definitely helping things though."
hasse_john@yahoo.com said: "Everybody and his brother have been jawboning this dead cat bounce of the dollar. Looks like it has hit its perigee. There will no doubt be some downdraft as the markets continue to tank, but I do not look for much more pullback in commodities."
christarq said: "Guys. You may want to look into Managed Futures. They make money during both good times and bad times. I would love to explian how the work to anybody interested."
ratAphooey said: "[QUOTE=hasse_john@yahoo.com;72399]Everybody and his brother have been jawboning this dead cat bounce of the dollar. Looks like it has hit its perigee. There will no doubt be some downdraft as the markets continue to tank, but I do not look for much more pullback in commodities.[/QUOTE]
The dollar is no dead cat my friend. The prospects for the US arent that dire."