Commodities are experiencing a decade-old bubble that is driven by the economic bubbles in China (which requires large amounts of resources to build its empty cities), India and other emerging market nations as well as extremely stimulative monetary conditions created by global central banks in a desperate attempt to spur economic growth after the popping of both the late-1990s Dot-com bubble and the mid-2000s housing bubbles. Hundreds of billions of dollars have been parked in commodities as their prices soared in the past decade, making them the latest “hot” investment destination.
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