Bust/Boom of Commodities

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kooter33

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Bust/Boom of Commodities

posted on Mar 10, 2015 12:29PM

http://www.kitco.com/news/2015-03-10/Gold-Special-Report.html

I thought this was an interesting article as this guy is usually "very neutral" on AU and commodities in general.

IMO, commodities are doing in the majority of other currencies. It seems the CDN dollar appears to be the least affected by the World's race to the bottom for currencies. The USD is way over priced, eventually good ole USofA will only be selling products to themselves. Their export market is rapidly disappearing.

BTW, the low oil prices are due to Russia's invasion of Ukraine and ISIS's brutal takeover of Iraqi/Syria oilfields. Once ISIS's oil revenues dry up and that too is happening fast oil prices will return to normal,, IMO $ 70 to $ 80/barrel. The WEST is fighting these invaders in many forms.

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