Media: Commodity Cool-Off?

The S&P/Goldman Sachs GSCI index (24 commodities) has just outperformed both stocks and bonds for 5 straight months, a feat that hasn’t been achieved in 14 years.  Headed into the summer and the end of QE2, I find it hard to believe that anyone would want to be deploying more capital to the commodity space right now.  In fact, some of the smartest guys in the room are exiting the trade (Burbank, Soros et al).

I went on CNBC today with the message that there are better places to be for the summer and that recent highs in silver, oil and copper will now serve as resistance.  I’ll get more excited about hard asset plays in the August – October time frame I suppose.

Video below, enjoy!

Source:

CNBC

What's been said:

Discussions found on the web
  1. click here commented on Sep 22

    … [Trackback]

    […] Find More on that Topic: thereformedbroker.com/2011/05/10/media-commodity-cool-off/ […]

  2. coin signals scam commented on Sep 29

    … [Trackback]

    […] Read More on to that Topic: thereformedbroker.com/2011/05/10/media-commodity-cool-off/ […]

  3. 토토사이트 commented on Oct 06

    … [Trackback]

    […] Information on that Topic: thereformedbroker.com/2011/05/10/media-commodity-cool-off/ […]

  4. con gái cung thiên bình commented on Nov 11

    … [Trackback]

    […] Read More here to that Topic: thereformedbroker.com/2011/05/10/media-commodity-cool-off/ […]

  5. Skrotbilar hämtas i Uddevalla commented on Nov 19

    … [Trackback]

    […] There you will find 6773 more Information on that Topic: thereformedbroker.com/2011/05/10/media-commodity-cool-off/ […]

  6. Click Here commented on Dec 12

    … [Trackback]

    […] Info on that Topic: thereformedbroker.com/2011/05/10/media-commodity-cool-off/ […]

  7. DevOps Services commented on Jan 12

    … [Trackback]

    […] Here you can find 2023 more Information to that Topic: thereformedbroker.com/2011/05/10/media-commodity-cool-off/ […]