Gold, Crude Oil prices are not bubbles

Commodities are not like equities. They are produced; they have got inherent value called cost of produce. They operate in band. And any extremes in pricing are opportunities to be grabbed. Given time they readjust to their core value. Commodities are part of our life for ages. Our consumption has never decreased for centuries. So there is no bubble which can burst.
This is the reason why many joint stock companies have come and gone but the commodities have remained where they were.
Talking of commodity pricing, the demand and supply discovers price premium to cost of produce. There are certain factors of apprehensions regarding availability of certain natural exhaustible resource commodities since there consumption is increasing year after year resulting continuous raise of these prices. ...

Petroleum Videos

Loading...
Loading...