Sunday, November 21, 2010

Why Commodities are Rallying as Currencies Decline

DRUS11-10-10-1 
The nearby chart tells the tale. Commodities, as an asset class, have become quasi-currencies.
“Reports Barron’s: ‘This year, for the first time ever, China has been investing more overseas in assets like iron, oil and copper than it puts into US government bonds.
Natural resources should still be a good sandbox to play in to make a lot of money and protect your wealth against inflation.”
Read more: Why Commodities are Rallying as Currencies Decline http://dailyreckoning.com/why-commodities-are-rallying-as-currencies-decline/#ixzz15wqUfeIS

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