Full article. http://financialriskstoday.com/supercycle_superderivatives.php Market watchers would be forgiven for thinking that commodities have broken out from the traditional wisdom of cyclical markets and are heading for the heavens. Anyone remember some guy called Gordon Brown taking a similar view on ending boom and bust market activity. Anyone remember him? Investors and hedgers have bought into the received wisdom that commodity prices are only going in one direction – up – as part of a super cycle but with inclusive peaks and troughs. But is a commodities super cycle really underway or are we actually in a normal cycle? And in which case, is the received wisdom wrong and could commodities prices start to fall in the short to medium term?
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