At long last back to $30 a barrel of oil .What does history provide us with .
For very long term investors , it`s a good price today .
Population growth /lack of new large discoveries .
For less long term biased , as a rule the new normal is 2.5x the old average .
Which brings us to $25 .
Therefore $25 is the magic number will shall be piling in .
Of course this also relates to Natural gas & crude .
------------------------------------------
Gold I have oft expressed that gold will dip under $1000 .
Thus far ,that $1000 line is holding .It will break ,
Albeit not by much ,extraction /discoveries are the limiters.
For your pension pot ,if you retire beyond 2025 .
All commodities look good value .
Especially accounting for the population story .
--------------------------------------------
Stock markets are not cheap .
Then again at today`s valuation 1880 .
One would counter this as median valuation .
On the long term bull run , that continues until approximately 2034 .
And May
No comments:
Post a Comment