Well that didn’t work out at all. Investors had a full weekend to think about the details of the worldwide plan to save markets. And then they became terrified. They sold shares and bought commodities. It shouldn’t be that surprising. And perhaps it wasn’t terror. Maybe it was just plain old common sense. You can’t short stocks anymore in some places. But you can buy commodities!
September 23rd, 2008 | Dan Denning | 0 comments | ContinuedAll Posts Tagged With: "commodities"
Financial Services Industry Seems to Have Peaked Out
Between 1950 and 2000, the USA transformed itself from a country that made things to a country that financed things…
August 5th, 2008 | Bill Bonner | 2 comments | Continued
Why the Bull Market in Commodities Isn’t Over
Won’t recession mean lower commodity prices…and the end of the bull market in gold and oil? Is this the end of the trend begun only a few years ago…
August 4th, 2008 | Bill Bonner | 1 comment | Continued
Fed’s Inflation Would Go into New Bubbles – In Commodities, Oil, and Gold
When the tech stock bubble popped, for example, the next big thing was a bubble in housing and housing-related debt. When the housing and subprime bubbles popped we guessed that the authorities would pump hard to try to reflate them…
June 2nd, 2008 | Bill Bonner | 1 comment | Continued
Fed is Trying to Keep the Money and Credit Moving: Commodities, Food, Oil and Gold
The Fed is trying to keep the money and credit moving. But it is going where it wasn’t supposed to go - into commodities, food, oil and gold. Still, the experts can’t see it. Instead, they read the polls, watch the TV, and come to the wrong conclusion.
May 7th, 2008 | Bill Bonner | 2 comments | Continued
The Profitable Marriage of Two Soaring Resource Companies
The huge run-up in commodity prices between January and mid-March has been a welcome boost for listed producers in the falling Aussie equities market. Oil, sugar, coal, gold, wheat… all these things have gained voraciously. Australian companies drilling, harvesting and mining them have weathered the storm of equity-selling better than other stocks. Meanwhile, listed financials have gone from shaky to shaken…
April 3rd, 2008 | Al Robinson | 0 comments | Continued
Are Rising Commodity Prices a Sign of a Bubble or Demand
A story by Gene Epstein in Barron’s this weekend warns that commodity prices could fall by at least 30% and as much as 50%. Epstein’s article highlights what he believes to be the influence of index funds on commodity prices. He goes on to list a number of factors which a handful of analysts argue will result in much lower commodity prices this year.
April 2nd, 2008 | Dan Denning | 3 comments | Continued
Cool Change in Commodities
Nothing has been moderate about the commodities boom. You’ve had booming demand in China, soaring prices on the resource markets, and vast new fortunes in Australia. Add to the list a bitter little one-week correction…
March 21st, 2008 | Dan Denning | 9 comments | Continued
Food and Fuel
I really enjoy history. I can’t say I am a scholar of history - I’m more like a History Channel buff. It’s interesting that when we look at the history of food prices in America, we see that in 1901, people spent 43% - almost half - of their income on food, according to the Bureau of Labor Statistics. Do you know what that figure was in 2003? We will answer that in a minute…
March 21st, 2008 | Kevin Kerr | 2 comments | Continued
A Falling Dollar Should Contribute More Strength to Commodities
But with cheaper commodities, there are likely to be bargain-hunting investors looking for a good entry point into the market. Further down the track, strong demand from Asia for real goods is likely to continue. Tangible assets still have the wood over financial assets…
March 20th, 2008 | Dan Denning | 1 comment | Continued