Tuesday, January 14, 2003

The Next Big Thing....Things!

a interesting new article at financialsense.com.....

Given all of these uncertainties, where should one invest this year? I believe the "Next Big Thing" is going to be in "things" such as commodities. The big winners in this decade are going to be gold, silver, and energy. Other commodities from sugar, coffee, cocoa and grains, to other soft goods will also be winners. Commodity prices will rise because of two trends: a declining US dollar and rising populations and industrialization of developing economies.
The time for paper is over and the rise of "things" has just begun. Another trend that is taking place is what Marc Faber calls the reemergence of the emerging economies. Economic power is moving from the West to the East and this trend is irreversible.

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