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So commodities prices are down 30% I guess the bubble burst. Or did it? Is this just a correction for bigger booms ahead? That's my bet and that's why I'm going long on oil, gold, silver, sugar, cotton among others. The Russians just fired the first shot of the cold war part deux only this time it will be about resources (esp. oil) not just terrority. No wait, that was the second shot, the first one was Iraq. Does anyone really believe Iran won't heat up again or that they'll cowtow to Western wishes? There are so many forces aligned to push commodities higher (surging India, China, Middle East, resource wars, oil depletion.) Even if you think there's an infinite amount of oil, supply won't keep up with demand in the near future and that spells higher prices for just about all commodities. That's what my crystal ball says and I believe it.
all markets stand to profit... shorting works just like the increases do. You just need nerves of steel and deep pockets.
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