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Strategies & Market Trends : Commodities - The Coming Bull Market -- Ignore unavailable to you. Want to Upgrade?


To: marcos who wrote (58)6/2/2001 8:10:01 PM
From: craig crawford  Respond to of 1643
 
Those charts you posted show higher lows and decent returns from the bottom in 1998. Commodities may not have done so well this year, but many are down much less than tech stocks. Like Jim Rogers said, back in the early eighties stocks began a bull market largely unnoticed. How do you know commodities aren't following the same script? If you want commodity prices to start flying up like internet stocks, you will have to wait until the end of the bull market years from now when CNBC and other media outlets are running commodities prices across the bottom of your screen rather than stock quotes. <g>

So far some commodities have fared better than others. Energy has obviously done well, and some of the precious metals have showed signs of life. Some of the animals have done well, while some of the grains still flounder. As for the particular index you cited, well Jim Rogers wasn't happy with the compositions of the few commodities indexes out there so he formed his own, which has vastly outperformed the CRB and Goldman indexes.