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Article: Commodities--is there that much fuss yet?
- Article from:
- Japan Inc.
- Article date:
- June 22, 2007
- Author:
CopyrightCOPYRIGHT 2007 Japan Inc. Communications. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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After two decades of commodities bust, this decade has seen commodities rehabilitation. Not that we ever stopped using them--it would be a fair bet that the average person in a developed economy utilizes in some form or other the produce of at least half the world's listed commodities contracts every day: oil, iron, nickel, gold, cotton, orange juice, rubber and so on. But rehabilitation as an investment class is recent, with gold turning the corner in 1999 and most commodities following from 2003.
Such changes seem to happen in cycles as they do with just about every other asset class out there. But we are now at the point where some big-name pundits, Stephen ...