Thursday, February 24, 2011

The Commodities Boom of 2011: Coal Will Be the New Gold

Martin Hutchinson writes: The run-up in commodities prices has been a long one. And it shows no signs of abating. As a Money Morning reader, you know that we predicted this run-up. Back in October 2007, for instance, we told readers to buy gold - when it was trading at $770 an ounce. Those of you who followed our advice have done quite well.

But now it's time to make a new prediction.

The run-up in commodities prices isn't going to end. But it is going to change.
You see, commodities are going to break into two distinct groups: Traditional inflation hedges, such as gold, and big industrial commodities, such as coal. Going forward, the industrial path will be the one that investors will want to travel for maximum profit. Here's the No. 1 way to play what we're calling "the commodities boom of 2011."

Details: http://moneymorning.com/2011/02/23/commodities-boom-2011-coal-will-be-the-new-gold/

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