Here s Some Food for Thought on the Commodity Bull Market Usually commodity bull markets start with a supply shock, but maybe this time is different. Let s compare the 1970s to what we re seeing today. Stocks quotes in this article: DBC
I have seen a lot of discussion on various websites about whether commodities are in a secular bull market. A secular bull trend encompasses a number of cyclic bull markets. I lived through the secular bull market in commodities in the 1970s and there are some similarities and some differences to now. I graduated from university in the spring of 1973, with a double major in economics and finance and tried to land a job on Wall Street. Unfortunately, it was during the gut wrenching and very destructive 1973-74 bear market. This first job offer that I got was to work for a commodity consulting firm in the art deco Chanin Building at 42nd and Lex. For me, it became the center of the universe fo
moving and it s so secret that recommendations, they can t be made public by the nypd, so the democratic party right now has been moving far to the left what s happening is the attorneys that are representing policy-wise relative to the the officer and the attorneys obama administration. and it is for many of these from the civilian complaint review board actually have to go candidates a balancing act, down to police headquarters and because joe biden of course is running essentially as a third pick up the recommendation, the decision from the trial judge. term of president obama, but a and then we will learn what the decision is from the trial lot of these other democratic judge. we know you re going to be on candidates look at 2016 when top of it. hillary clinton was running as a third obama term and lost to joining us to discuss is cnn president trump and they see this as more of a balancing act. legal analyst and former how can they brace president obama, who remains very popular
lost in the crowds, obviously on purpose. and evaded the authorities. separately we have this report of the someone holed up in a restaurant with hostages. we are very surprised that none of our affiliated stations in fact, not at all anywhere across european media are live on that scene, we have no video out of this restaurant scene. so we wander quite frankly about those reports, though they have come from law enforcement. for the moment we are going to report to you what we are hearing from law enforcement because they are certainly our best sources at this moment. new information from our research center of the map based on information from the dbc. if you could show this map, the top of the red area there to the
great investment. gld. tell me quickly. you ve got three exchange traded funds, things that you buy them the same way you buy a stock. but it s actually like a basket. ? of stocks. exactly. it pretty much represents the entire market. as the dollar starts to decrease, which i think the dollar is going to have problems over the next few years, gold is going to increase because the dollar denominated investments, the gold is going to start increasing. it s a great hedge against inflation. let s bring the chart back. you ve got abx for bearic, gld the symbol for gold etf, slv, and dbc for commodities. these are ways to hedge against inflation. you said something earlier. cash is king. so one of your tips is to increase your cash. i think now is actually time to start taking a little bit off the table. i m a long-term bull but the