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  • The Brightest Stars in the Commodities Boom, Part I
    To support my previous comment on uranium, I guess my comment was a bit too narrow by only mentionning the US.
    "Uranium Soon Fetches $90 as India Leads New Reactors Driving Global Demand"

    www.bloomberg.com/apps...
    Jun 23 10:19 am |Rating: 0 0 |Link to Comment |View article
  • The Brightest Stars in the Commodities Boom, Part I
    The basic macroeconomic are well taken into account for a commodity market but the article is somehow narrow-minded to pitching China and other precious metal. Let me tell you a few things:

    The lower the overall volume of these precious metal, the easier it is for market players to manipulate the price of the commodity.
    > If I was to invest in these I'd rather go with URANIUM, considering the current expectations in energy policy, the US will certainly reconsider soon enough the benefits of nuclear power.

    > Coal for lectricity power plants is not only in high demand in China. Demand in India is booming as well. Moreover, there are different types of coal, such as metalurgical coal which grabs way higher prices.

    Considering the current disaster in China, booming demand for automobiles in both China and India, I wouldn't focus all my attention on dry bulk shipping as an indicator, in fact maritime shipping has been in a constant shortage since the last decade.

    Last but not least, coal supply is not elastic if you consider the time span and investment required to significantly increase production.
    Jun 20 14:10 pm |Rating: 0 0 |Link to Comment |View article

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