Look at the performance of various asset classes since 1915, and you'll see that commodities come near the bottom, with average annualised returns of less than 1 per cent a year. As for the great inflationary surge of the last few years, some …
Look at the performance of various asset classes since 1915, and you'll see that commodities come near the bottom, with average annualised returns of less than 1 per cent a year.
As for the great inflationary surge of the last few years, some commodities have done well — gold stands out, as do uranium and cocoa — but others have had a dismal time, not least lithium (after a huge run-up), nickel and iron ore. Blame China's faltering economy for woeful returns for some industrial metals.
No comments:
Post a Comment