Quote:
Originally Posted by se1paul
Commodities were the last to fall and could well be the last to rise from this bear market.
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IMO, commodities are 'late to the game' because they have genuine economic value rather than being largely speculative instruments for return. I think the whole reason why there was so much interest in commodities (and such an incredible rally in the prices of some of the key raw materials) was specifically the build up in speculation.
With the US government (and a few others around the world) cracking down on speculative drives in these necessary goods, the swings will once again be more constrained and slow to follow any sharp rebounds in high-speculative financial assets.
