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Commodities oversupply, how long to stay away?

ghostofposterspast 8,426 1,531 August 12, 2015 at 09:58 AM

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The oversupply in oil, copper and iron have been in the pipe for a long time now. But today it was announced that there is an oversupply in soy beans, wheat and corn. All 3 have tanked today. What happened to needing 46 earths for everyone on the planet to live an American lifestyle? More people are doing that than ever yet we have more, not less of everything. When will it be safe to get back into commodities?



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Quote from ghostofposterspast View Post :
When will it be safe to get back into commodities?
Probably when the $US shits the bed but that's not going to happen any time soon. The dollar has to rally to force everything else down in it's path. The commodity markets are a small fraction of the world market when compared to currencies.

Don't even try to pick the "bottom." hug
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