Dale, there are those who feel that commodities will be the safest things to invest in, since they will still be needed even in a downturn or in an inflation environment, and as stockpiles dwindle due to cut production, and as it gets more expensive and difficult to open new sources, commodities will continue to do well into the future.
For example, copper will always be needed, and as population growth continues and demand continues (even without as much growth) copper will be still needed. That is not true for things like search engine internet sites, or slightly faster computer chip, or more stylish cloths etc....
sugar, rice, wheat, gold, silver, copper, zinc, oil, natural gas, etc should all come out of this still intact and probably even stronger as demand growth returns to find depleted stock piles (which of course will take some time)
For the immediate future, gold will probably be a good investment (not the miners), but due to different reasons than those noted above. More having to do with it being money than a commodity.
Sound reasonable?
Sober |
