Commodity bubble?

Beginner Questions
1
  1. Is there a commodity bubble at the moment?
  2. How big is it going to get?
  3. When is it going to pop?

to answer my own questions

  1. yes
  2. $150 oil and $1300 gold tops
  3. within the next 6 months
2

By complete coincidence, I met a Greek guy who worked in shipping last night on the plane, and he said:

  1. Yes
  2. $150 oil
  3. by the end of the year

There, two people can’t be wrong?! His name wasn’t Soros though, so don’t bet the farm just yet. :slight_smile:

3

War talk about Iran grows louder and greater. So the world price of oil is nearly $150 a barrel this month. Another $10 to go.