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Keyword: commoditiesboom

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  • What Caused this Gangbusters Commodity Boom?

    12/30/2010 7:02:58 AM PST · by SeekAndFind · 23 replies · 12+ views
    Real Clear Markets ^ | 12/29/2010 | Daniel Dicker
    Commodities have been the story of 2010, having been much more robust than any other capital market this year. Oil is up a relatively weak 22%, a paltry move in comparison to metals like copper, up more than 30%, or silver, up 70%. Soft commodities have shown even greater strength, with corn, wheat, coffee up around 50% for the year while cotton has nearly doubled in price. What the heck is going on ? I've been following and trading commodities for most of my adult life and while I have seen moves like these in the past, this universal commodity...