I predict that over the next few years, the commodities markets will be the most profitable place to have your money. You do not want to regret missing out on this upcoming market opportunity. We are in the midst of entering the 2nd phase of the continuation of the major move in the commodity markets in the past 30 years. Just about every market has had a run up, consolidated, and is now primed for more upside movement. If history can shed any light on the current situation, prices in many basic commodity markets will soar to never seen before highs over the next two to three years. To give you an idea of what I think is in store, take a look at my top five picks for 2007:
1 - Gold
Buy! I think that for at least the next few years, the bottom of gold prices will remain near $550. Even though it topped out at more than $600 per ounce, the gold market later underwent a correction, pulling back about 50% to between $625 and $525. When I wrote this article, the price had inched back up to $630. My prediction: gold will increase beyond its record high to reach more than $1,000 per ounce. Because gold prices lead those of silver, I recommend the former over the latter. It would shock me if gold plummets below $500 in the near future, but I can certainly picture it skyrocketing to over $2,000 per ounce in the next 18 months.
2 - Cotton
To date, cotton has been the runt of the litter in the futures bull market. When it does catch up to the rest of the market, I forecast that it will take hold right away. Cotton prices are now bobbing around $0.50, even with China and India driving exports and because the South hasn't regained full momentum after Hurricane Katrina's wake. Given that, I think cotton prices will double in the next 24 months.
3 - Wheat
Of all the grain commodities, wheat has indicated its staying power since the opening of today's bull market. Even when USDA reports doomed soybean and corn prices, wheat continued to make headway. For wheat, I have a long-term price target of $8-$10.
4 - Cocoa
Cocoa's performance has recently been in line with the gold market: for quite a while it was trapped at the same price, but then in the most recent bull market, cocoa prices advanced up to the mid-$20s. They have since pulled back to $14-$15, but recent signs of prices hitting the floor mean a turnaround could be lurking just around the bend. As with nearly all other markets, I predict that cocoa will hit new records during the second part of this bull market. If you hesitated to buy during cocoa's first run-up, don't miss out the second time around. Buy!
5 - The CRB Index
The CRB Index is the easy way to benefit from gains across the entire commodities market, which now happens to be the most significant bull market we have seen. In the 1980s and 1990s, many people spent too much time researching winning stocks. In those days, it was practically a free ticket to paradise to buy into in the Dow Jones or S&P indexes. The CRB Index is the equivalent for commodities. Especially for beginning commodities investors, the CRB Index allows you to earn from all market momentum without having to specify a certain hot market and investment time. As in all markets, every commodity market can see-saw, but in general the market always moves up. We are in a bull market, after all.
The chance to win big in the commodity markets over the next 5 years is the single greatest investment opportunity that I have ever seen. I can't imagine another one like it within the next 50 years. Do not ignore this chance to amass a fortune that could make you set for life, in the investment horizon of just a few years.
Halston has sinced written about articles on various topics from Futures Trading, Cars and How To Grow Wealth. Halston Adams worked as futures broker until he stumbled onto his recipe for generating yearly returns of 100%+ from successful traders he befriended. Learn more about his trading approach at:
Broad Band In India They vary anywhere from 30 to 80 per month. They are also offering a lot of freebies including free VOIP Broad Band phones to go with them which make these rates further economical