Commodities will continue to be hot
in both a recession or a recovery scenarios commodities are the best place to be , many of the traders are trying to jump on the wagon of a believed soon recovery by speculating heavenly on commodities and energy sector , many investors think the economy has bottomed and are buying equities and commodities in order not to miss the boom this time They're trying to anticipate the exit out of the recession to beat the crowds and set up their long positions , China while trying to get rid of some of its US$2-trillion of currency reserves is buying huge amounts of commodities around the globe as a results the price of some commodities have almost doubled , in particular Copper which had 76 percent rally this year but may soon end on signs that China has stockpiled more than it can use in new homes, cars and appliances for the next decade .In a presentation at the Prospectors and Developers Conference in Toronto back in March, Dr Doom Marc Faber summed up very elegantly by saying : "You want to own commodities in the ground, not derivatives at Citigroup."
