Friday, April 9, 2010

List Of Commodities That Have Outperformed Gold This Year

As webbed by the San Francisco Chronicle, the Business Insider has produced a list of commodities that have outperformed gold so far this year. From aluminum to steel, there are eleven listed in the order of their year-to-date performance. One of them is silver.


The list is impressive, but there are two "er-uh" responses. First of all, commodities that have zoomed up must be somewhat oversold. Secondly, gold made an all-time high at the beginning of last December. Those hot commodities that have shot up this year did so from a much lower base, relative to their previous all-time highs, than gold has.

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