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Is the Commodities price boom coming to an end?

Discussion in 'General Investing Discussion' started by Billv, 5th Aug, 2008.

  1. Billv

    Billv Getting there

    Joined:
    15th Jul, 2007
    Posts:
    1,796
    Location:
    Sydney, NSW
    Some people will tell us that prices at the shops may be rising because billions of Indians and Chinese are eating more, and using cars instead of bicycles, but the truth is that some well funded gamers (the likes of huge super funds) are playing the commodities market like a casino in cyberspace.

    How long is this going to last?
    Who knows but as with any speculation one day it will come to an end.

    I suggest you Listen to this podcast

    http://odeo.com/episodes/23141156-20...3-Food-futures
     
  2. crc_error

    crc_error The Rule of 72

    Joined:
    1st May, 2007
    Posts:
    1,367
    Location:
    Melbourne, VIC
    Just look at what Enron did with energy prices in the 90's!