Picking the top of the commodities bubble

[arabianights]

A simple question:

How will we tell the top of the commodities bubble?

 

[Mathemagician]

Same as any bull market, really. People will stop asking about how to identify the top, start telling fish stories about how they sold wheat at $40, gold at $2000, oil at $250, etc., and start yammering on about how anybody who isn't a moron lemming could have done the same if they stopped drinking the kool aid and followed <insert the username of your favorite lucky moron lemming here> who always draws the right lines on the chart and made 3000 consecutive accurate predictions in the <insert latest papertrading thread here> thread.

jj

 

[shadowninja]

Indeedy. In fact, one rule of thumb is when the general public start taking an interest, you know it's nearly the end. And I'm sure you know on PH everyone and their mother has started asking about gold and oil...

 

[grantx]

Arabian,

When Trader's Commitments are referenced in "The Archers".

Grant.

 

[rathcoole_exile]

Arabian,

When Trader's Commitments are referenced in "The Archers".

Grant.

Have The Archers finally made it to Stockport ?
Congrats, they'll be tearing up and down the High Street in their steam-rollers tonight !!

 

[grantx]

RC,

If Elizabeth Archer or Nigel Pargiter came to Stockport they would suffer napalm.

I had my car nicked last night. Have you got something to tell me, RC, or do I have to get "upset"?

Grant.

 

[rathcoole_exile]

sure it wasn't the bin men, easy mistake to make.......

 

[anley]

Who says it's a bubble, check out the very long term charts - everything is still historically cheap.

 

[breadman]

just buy 20% to 30% corrections for now, look for major tops in 10 to 15 years.

 

[rathcoole_exile]

Who says it's a bubble, check out the very long term charts - everything is still historically cheap.

come and say that here in Asia where people are rioting on the streets over the cost of rice and other essentials

 

[wildkactus]

I know its coming to end when I start getting tips from taxi driver's and porter's.

 

[nunrgguy]

I know its coming to end when I start getting tips from taxi driver's and porter's.

Have you had many yet?

 

[wildkactus]

Was in Shanghai the other day.
an got a tip from a porter for a chinese IPO!

but no commodities yet.