Certain commodities are approaching their 2008 low. That was when everyone thought the world was going to end. This is not to say they will not stay low or go lower. However, these particular commodities have caught my eye.
I tend to buy natural gas as it approaches 2.50. We have made several trades this year with natural gas.
If you are a big believer in the idea that the affluent tend to drink coffee, than this looks like a sure bet. As the third world lifts itself from poverty, they will look to be drinking coffee.
Like coffee, sugar has the same story. Affluent nations tend to increase their per capita consumption of sugar.
I have detailed the case to buy and hold platinum many times. South Africa is the next Zimbabwe.
The over reaction to soybeans due to the suppose “trade war” is amazing. Soybeans are due for a bounce.
Buying corn at 3.00 is a steal. In the future, I will be going long as it approaches this level.
