The commodity is the new gold.
Why?
China had made the decisive step to discard the petrodollar and Saudi prima facie cases against corruption would shift money from the rich to hard assets.
What are hard assets, it is something that is tangible or essential for the masses - grab, ground, gas, gun, and gold.
However, the personal disposable income of the masses have a drop in a certain country and property bubble is at an all-time high, making highly unlikely to gain much in a property.
Therefore, I will be going after food commodity, oil, and gas and to a lesser degree metal as a medium of hedging.
China also has so much USD to dump or what should I say convert to commodity, especially edible and industrial commodity.
"Commodity rules!"
God blesses us!
Have a productive day ahead.
Yours sincerely,
Dr Lion.
Why?
China had made the decisive step to discard the petrodollar and Saudi prima facie cases against corruption would shift money from the rich to hard assets.
What are hard assets, it is something that is tangible or essential for the masses - grab, ground, gas, gun, and gold.
However, the personal disposable income of the masses have a drop in a certain country and property bubble is at an all-time high, making highly unlikely to gain much in a property.
Therefore, I will be going after food commodity, oil, and gas and to a lesser degree metal as a medium of hedging.
China also has so much USD to dump or what should I say convert to commodity, especially edible and industrial commodity.
"Commodity rules!"
God blesses us!
Have a productive day ahead.
Yours sincerely,
Dr Lion.
Imminent war between saudi and iran will push price of oil to usd 80 to 100 range. And this would be good for biodiesel revival. Gasoline and palm oil the way forward.
ReplyDelete