Friday, April 28, 2006

Reuters: Commodities hold key to economic power

According to Pratima Desai of Reuters, ``Raw material resources will determine country rankings in the world economic pecking order in years to come as strong demand and limited supplies ensure commodity prices hold their upward trajectory.”

"But in the main, investments will be concentrated on things to do with commodities, whether they be stocks, bonds or currencies such as the Canadian or Australian dollars." Notes David Murrin, chief investment officer at hedge fund Emergent Asset Management.



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