Smarter Commodity Plays
With oil prices hovering around $100 and precious metals prices hitting all-time highs, investor interest in commodities has been reignited. Worries that the U.S. economy is sinking into a recession, however, have economists trying to decide whether strength in commodities is a boom with long-term potential or another bubble destined to burst. A recession would likely reduce consumer demand for energy, metals, and agricultural products—giving naysayers a reason to stay away from these volatile investments.
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