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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 386.01+1.6%Nov 12 4:00 PM EST
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To: Seeker of Truth who wrote (36738)7/9/2008 5:20:55 PM
From: TobagoJack  Read Replies (1) of 217734
 
just in in-tray

Thanks, but I do not need any more charts as I have a passing familiarity with the commodity markets over the past decade. As I remember you and one or two others in this group have declared the bull market in commodities over months ago and many percentage points lower ago. Do not worry, both the Roches have declared it over often [ See the FT, Forbes, etc, etc] as has the great oil authority D. Yergin [at US$25! for crude oil while Bear Stearns declared crude oil over at US$30, etc, etc].

I am the world's worst market timer bar none, but I know that markets climb a wall of worry and denial. We may be about to have a 40% or so correction in commodities for all I know [as we have had a few times since 1999], but it will not be the end of the commodity bull market despite all the proclamations by scores of people who could not even spell commodities a few years ago.

I would just ask you and others as I have asked for years:Where is the oil [etc] coming from which will drive down the price of oil and keep it down in the next decade? Please reveal it to us all so we can invest in it too. Plus you may save mankind if you will reveal the source of the extra agriculture products, lead, natural gas, etc, etc.
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