Many investors are buying anything and are hoping that it will all work out. However…
Ted Oakley on Palisades Gold Radio
Tom welcomes Ted Oakley, Managing Director and Founder of Oxbow Advisors, back to the show.
Ted discusses the rampant speculative activity in the stock markets. Many investors are buying anything and are hoping that it will all work out. However, Ted says “It isn’t different this time.”
China has cut-off their potash and phosphate sales which will keep the pressure on fertilizer prices. There portfolio includes agricultural products along with other commodities that will do well in an inflationary environment.