Commodities super cycle has further to go

Economic cycles are best judged by history, says David Guthrie. With that in mind, he reveals why he thinks there's plenty more to come for commodities.

You would have to have been living on a desert island for quite a long time now not to be aware that something has been going on in the world of commodities. Oil increased in price sevenfold between 1999 and 2006. Copper did almost the same in 4 years from its low at the end of 2001. The precious metals have also soared in this new decade. Now it's the turn of the grains, where wheat and particularly corn have exploded higher on the US futures exchanges.

What is a super cycle?

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