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Monday, June 21, 2010

Commodities a buy - China revalues currecny

In my view commodities is a screaming buy as China allowed its currency to appreciate against the dollar. This is a very bullish long term structural change in the market and the investment case for holding hard assets have just increased significantly..   This is a strong buy signal for commodities and related investments..

A Chart of the Maradia Commodity Index below...


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