The world is short of oil. Oil price went through the roof. This is followed by gold, commodities and food (i.e. wheat, rice, etc).
Is the world suddenly so short of these commodities, when it was in adequate supply two years ago? Why is there a sudden increase in consumption or a big drop in supply?
The main cause is speculation. When there is a small shortage, the speculators came into the picture and push up the prices. The ordinary people also start to stock up on food supply, aggravating the situation.
The world had gone through bubbles. It was the tulip bubble, South sea bubble. In more recent years, we have the dotcom bubble, the US housing bubble. Now we have the commodity bubble.
All bubbles will burst. Some burst earlier. Others burst later. Be careful. Do not be caught in the oil, gold or commodity bubble.
- ► 2019 (1702)
- ► 2018 (1406)
- ► 2017 (1258)
- ► 2016 (828)
- ► 2015 (691)
- ► 2014 (144)
- ► 2013 (501)
- ► 2012 (1269)
- ► 2011 (1873)
- ► 2010 (2369)
- ► 2009 (1654)
04/06 - 04/13
- Avoid buying a private car
- High price of rice
- Are Bernanke's Hands Tied?
- STI Exchange Traded Fund- Liquidity
- Government bonds
- Honest advice on existing policies
- Bonuses under Life Insurance Policies
- Solve Parking Woes
- Contact a high level person
- Exchange Traded Fund
- Bonus projections of life insurance policies
- Armed robbery in Singapore
- Wider choice of cards for public transport
- Haphazard projections
- Large American Airlines
- Transfer of shares on death of shareholder
- Life and term insurance
- High yield in the past years will not be repeated
- Inadequate parking spaces
- Shortages and bubbles
- Timing the market
- Advice from a financial planner
- Single premium endowment
- Poll: local bus serivce
- Poll: Makeover at Orchard Road
- Read the small print
- Term Insurance with Cashback
- American Depository Receipt (ADR)
- CPF pays higher interest than treasury bills
- Income Tax Relief
- Products that are good for customers
- At the expense of customers
- More Trust & Faith in Our Younger Generation
- Customer Service in Singapore
- Terminate an existing policy?
- Being accessible to customers
- Immediate or deferred annuity
- Lyxor Exchange Traded Funds (ETFs)
- Future role of the intermediary
- Excellent Customer Service
- 5 year Single Premium Endowment
- Should MAS ban high cost products?
- High charges of ILP policy
- Keen interest in Wealth Accumulator
- Disappointing service at Business Center
- ▼ 04/06 - 04/13 (45)
- ► 2007 (1803)
- ► 2006 (696)
- ► 2005 (159)