The chart below shows one-year price changes for 18 commodities. Its pretty obvious that gains have been huge with wheat leading the charge at 99% gain. Lead, Platinum, Soybeans and Oil follow not far behind.

While many are still predicting large corrections, that I agree may occur over the short term, commodities will continue to rise overall for the next 10+ years as demand from asia really starts to kick in.

I expect a continued rise in food products demand, as well as energy and raw materials (specifically metals, timber, etc).

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This entry was posted on Thursday, February 28th, 2008 at 10:20 am and is filed under Charts. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.