– Chapter 1 –
Commodities & Supercycles: What Are They?
Before you can begin investing in commodities, you need to understand what a commodity is and what exactly we mean by a “supercycle.”
Let’s start with the basics…
What Is a Commodity?
The simplest definition of a commodity is: “A raw material or primary agricultural product that can be bought and sold.” There are categories of commodities… Hard goods such as gold, silver, platinum, copper, nickel, iron ore, coal, oil, and gravel. And soft goods such as water, coffee, corn, rice, cotton, livestock, and fertilizer.
Markets and investors categorize commodities into any number of sectors and groupings. Examples of these groupings are…
Precious Metals • • Gold • • Silver
Base Metals
• • Copper • • Zinc • • Iron ore • • Aluminum • • Lead • • Nickel
• • Platinum • • Palladium • • Rhodium
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