George Soros recently said in an interview on CNBC said there is a general commodity bubble developing caused by flight of dollars. Guys that traditionally do not invest in this category begin to pour money. This bubble has not reached to a dangerous level yet.
Link: //www.cnbc.com/id/15840232?video=700483755
One of the most cost efficient and nearest for Malaysian investors to participate on commodity play is to buy an Index Fund in Singapore Stock Exchange: LYXOR CMDTY 10 US$. Buy just one index, you are holding a basket of 19 commodities, 41% in soft commodities, 39% Energy, 13% basic metals and 7% precious metals. Don't try this at home if one is not ready with an exit plan.
Sunday, April 6, 2008
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1 comment:
Turtle, don't u think this is too advance for us?
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