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New book on commodities

There's a new book on commodities out called, Commodities Rising, by Jeffrey Christian, Managing Director of the CPM Group.

Judging by Mr. Christian's recent interview with Financial Sense Newshour, it seems we'll get a more sober and detailed assessment of what to expect from commodities investing. The author takes the stance that most of the information being offered today regarding commodities is misleading or simplistic, and that investors need to be aware of that fact.

We should become more selective in our approach, says Christian, and not just attempt to buy a basket of commodities for a longer-term holding period. This, he feels, will turn out to be a losing strategy. This is rather contrary to the approach espoused by Jim Rogers, and this may be due to differences in the way they view the commodity cycles.

It's also interesting to note that both parties might be doing a bit of low-key selling: Rogers with his index approach to commodity investing (representing his Rogers Commodity Index) and Christian with his information-based approach (CPM Group). In any case, I think there is something to be learned here, and I look forward to viewing the book.

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