An interesting interview of Dennis Gartman on base metals.
Commodities, as an asset class, looks increasingly a safe bet. Giving the sharp fall of commodities after Lehman’s collapse, the further downside for the sector is extremely low; And if the world economy does recover, the sector will be the first to rebound.
In Jim Rogers’ words, “Commodities are the least bad bet” in this market.
Wilbur Ross says Chinese car makers are trying leapfrogging in new technology.