GREY:MLKKF - Post by User
Post by
24~Karaton Jun 23, 2007 9:01am
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Post# 12988569
Should Double from Here
Should Double from Hereby: Kenneth J. Gerbino
at: 321Gold
https://www.321gold.com/editorials/gerbino/gerbino062107.html
"The graph below shows that adjusted for inflation, the strong commodity bull market that started in 2001 has barely begun to catch up in real terms to the general price level of everyday goods and services in the 1960's. This graph implies that a doubling of commodity prices from 2006 levels would only take the index in real terms to the price levels of the 1960's. Therefore commodity prices should continue to trend much higher over the next decade. This graph makes a strong case for investing in companies that own or produce natural resources especially precious and base metals.
"With global liquidity increases at excessive levels the last ten years and below average capital investment by commodity producers from 1983 to 2003, all markets (Bonds, Stocks, and Commodities) in most countries will be affected by this coming mega-trend. Bonds and most stocks will react negatively and commodities will stay in above average price ranges and trend higher."