Boom Fading
from bloomberg. differences of opinion - so which will it be. I have my money on Jim rogers having read his predictions a couple of years ago - go long io!
The commodity boom is fading, says Michael Aronstein, chief investment strategist at Oscar Gruss & Son Inc. in New York.
``I think it's over in terms of the investment hypothesis, at least for the next several years,'' Aronstein said in an interview Aug. 5. ``I think the demand destruction, both in the developed world and the developing world, is going to be quite a bit greater than people assume.''
Investor Jim Rogers, 65, who in April 2006 correctly predicted oil would reach $100 and gold $1,000, differs. The fundamentals for commodities are ``astoundingly'' good and the bull market ``has a long way to go,'' he said Aug. 6.
commodities boom differing views
-
- There are more pages in this discussion • 47 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$22.10 |
Change
0.100(0.45%) |
Mkt cap ! $68.04B | |||
| Open | High | Low | Value | Volume |
| $21.99 | $22.22 | $21.87 | $84.79M | 3.834M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9803 | $22.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.11 | 10620 | 3 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |