Sunday, February 14, 2010

Commodities and Sovereign Default = Opportunity

Commodities and Sovereign Default

It's interesting to read what some think will be the ruin of commodities because of the potential sovereign default from a growing number of countries, including Greece, Ireland, Spain and Portugal.

Of course the problem with ignorant writers on commodities is they're clueless as to how you make money with commodities, which is when they're on the way up or on the way down, so whether the price is going up or down for commodities is irrelevant from that point of view.

These writers only think in terms of whether or not those trying to make money on commodity prices going up are going to get clobbered, not realizing or even in some case - even knowing, that you make money either way.

For those investing in commodities, it doesn't make any difference whether you make the money on upwards or downwards price movements.

So don't forget to include that in your decision making going forward, as potential significant price movements in commodities one way or the other are always potentially great opportunities to make a lot of money.

Commodities and Sovereign Default

1 comment:

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