Saw a David Rosenberg commentary this morning and he's bullish on commodities. Why? For some of the same reasons Eric Sprott is bullish on gold. Rosenberg says gold (and even silver) are the new reserve currencies. Others have recently commented that new production is sparse and demand (from investors and governments stockpiling) is up. Oil is going to be strong too according to Rosenberg.
Now, it's important not to get tunnel vision. On the dawn of the tech wreck, I would never have bought commodities and was fixated on small-cap wireless company WiLan. After the massive losses, I made modest gains with Cisco and Intel, then lost modestly with Motorola and AMD.
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