Bonds, Currencies, Commodities and Index Futures Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Patrick Slevin who wrote (11589)	6/27/2006 10:23:31 AM
From: Chip McVickar	Read Replies (1) of 12410

Yes, Rodger started a commodity index and it was brokered in part by Refco... <smile> maybe that's why he has to sell his NY accommodations...? His Index RICI was up 266% out of 1998 He believes the key words are "Rising Aspirations and Epic Entrepreneurial Zeal"...!!! Short of bird-flu or a global financial crisis... he expects the commodities world of investment to keep attracting new monies and public interest.... as the need for hard resources remains strong. He doesn't believe speculators are the cause of higher commodities prices... He argues these commodity index funds are minuscule compared with the stock and bond indexes... plus commodities index funds must roll futures forward and this relieves buying pressure on the nearby contracts. Finally, it’s a surge in global demand for raw materials that will increase for decades... not just 15 years... of course with the necessary volatility to cycle the investment monies.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next