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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: carranza2 who wrote (80471)9/27/2011 2:42:50 PM
From: KyrosL1 Recommendation  Read Replies (2) | Respond to of 217884
 
Gold is a special case. Without the hoarding of central banks and investors gold would be a lot lower. Other commodities vary.

Agricultural commodities are now in a bull market because of demand from rising standards of living in developing countries. Well before we approach peak people around the middle of the century or sooner, agricultural commodities will stabilize and start a downtrend.

Base metals are still plentiful. And recycling can come to the rescue when prices rise too much.

Energy is greatly affected by technology. Not only has shale and deep offshore drilling changed the supply picture of oil/gas, but solar and wind is rapidly descending the cost curve and will be competitive to fossil fuels in the not too distant future. I will go on a limp and assert we have seen the inflation adjusted peak in oil prices.

I think the spectacular rise of China and to a lesser extend India has distorted greatly commodity prices the last decade or so and created the impression that the sky is the limit for their prices. I don't think that will persist for more than a few more years.



To: carranza2 who wrote (80471)9/29/2011 1:58:50 AM
From: Archie Meeties  Read Replies (1) | Respond to of 217884
 
At some point it will be economically viable to extract pm's from the oceans.

Here's my guess on how it's done.

agiweb.org
nature.com