Tuesday, January 6, 2015

Is The Commodities Bull Market Over?

I don`t know if this commodities bull market is over, I happen to think it is not. But we are having a major correction , which is normal in markets. That is the way markets have always worked.

I do not see enough permanent supply in most commodities, except maybe in iron ore and a couple of other commodities. I don`t see enough permanent supply to end the bull market unless we are going to have an economic collapse. We could and will eventually.

I am especially optimistic about agriculture at the moment.

Related Exchange Traded Funds: SPDR Gold Trust ETF (GLD), United States Oil Fund LP ETF (USO), PowerShares DB Agriculture Fund (DBA)

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