Why Your Money Should Be In Commodities Now
May 21st, 2009 | By Contrarian Profits | Category: Top StoryWe’ve been so caught up watching stocks soar we haven’t paid much attention to one of our favorite asset classes: commodities.
We’ve been so caught up watching stocks soar we haven’t paid much attention to one of our favorite asset classes: commodities.
Corn is in trouble because of the wet spring that has drenched the Midwest. Yesterday, the USDA said in a report that American corn output will be down significantly from last year’s estimate.
After a strong 2007 campaign, solar stocks – and the overall clean energy sector – fell hard in the first quarter of 2008. The PowerShares Wilder Hill Clean Energy Portfolio (PBW), an industry standard, plunged nearly 30%.