faber says avoid commodities like the plague , page-2

the newspapers are always last to know...

To make sure that they get every last cent from gullible investors,they sell Oil going to $200,Gold to $5000, Commodities to the moon on the back of Chindia,house prices never go down,Australia is immune,yada,yada,yada.

The suckers fall for it hook ,line and sinker.

They even start selling the message.

Then the greater fool theory kicks in big time.

The boom is over for the medium term.

Now comes the very ugly bust.

Conserve as much cash as possible and reduce as much debt as possible.

There will be once in a life time bargains to be had in about 18 to 24 months.