inthemoney

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  • T. Boone Pickens Holdings Down Nearly 20% This Quarter
    > Commodities go up (sometimes in a bubble) but long term they remain the same except for inflation. There is no shortage of any commodity. When this correction is finished, the value of all commodities will be the same as 2000 or 1940. Buy them and ride it down.
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    That might be. But it doesn't mean energy companies cannot appreciate faster than commodities. Even if they appreciate at the rate of inflation, it is better than holding money in a bank account with 1% interst. Citibank pays me 1% interest on my cash, it is a disgrace.
    Aug 17 00:33 am |Rating: 0 0 |Link to Comment |View article

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