Loading ...I usually go in small with any stock incase I’m wrong. If it goes up 10%, I’ll double the shares and be up only 5% for padding, so if it drops 5% I’ll bail out even. Nowadays I don’t think any commodities are over priced. Plus they are the most important things for society. Food fuel metal lumber etc.
Commodities, because they are so important, I believe, the gov’t has them priced in Dollars and on the futures market where they can prevent monopolies like they control Public Utilities and public transportation prices.
Sometimes their manipulation on one item, causes a distortion on another item. For example when they drove the dollar too low, Oil got too high, and the too high oil has caused too low oil and gasoline.
In my view the producers should get more and are worth more than the “middle man”. The producer takes the risk, invests all the money, and does all the work. The Middle Man does nothing just marks it up. The system’s values are all distorted and backwards.