Here’s a fantastic – and free – webcast, courtesy of Frank Holmes and the team at US Global Investors, entitled Commodities: Reasons to Be a Bull When Everyone’s a Bear. It was originally recorded on April 21st.
It runs almost an hour, and is definitely worth a watch if you are a serious commodities investor. These guys really know their commodes. Some notes I took of the most interesting/surprising points I heard:
- It usually takes 6-9 months for new money injected into the system to find its way into commodities…this is starting to happen already, and they expect a big 2nd half for commodities
- Nice profile of China starting around minute 25…they think the Chinese economy is ready to rock and roll here
- And China’s now a net importer of coal once again