SI
SI
discoversearch

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


To: Rolla Coasta who wrote (1588)9/14/2006 3:01:12 PM
From: Stephen O  Respond to of 1643
 
JPMorgan Strategist John Normand Comments on Commodity Prices
2006-09-14 10:22 (New York)

By Julie Tay
Sept. 14 (Bloomberg) -- John Normand, JPMorgan's global
currency, commodity and fixed-income strategist in London,
comments on commodity prices. He was speaking at a London seminar
today organized by GFMS Metals Consulting.
Commodities are dropping because of slower growth in some of
the world's largest economies. The Reuters/Jefferies CRB Futures
Price Index has fallen 15 percent from a record reached in May.

On commodities price cycle:
``There is another five to 10 years in it. Commodities are
being accepted as an asset class.
``Investment flows are supported by reasonably robust
physical demand. Investment flows amplify upturns as well as
downturns in the commodities market.
``The bubble criteria is met in energy, but not in other
commodities.''

--Editor: Griffith