Missed the bull run and planning to use the recent weakness to jump in because China will be roaring ahead soon aftwer tackling inflation, and US monetary policy will mean that commodity prices will have to strengthen just to reflect the weakening US$.
Well sumething to think abt. The Baltic Dry index of shipping costs, which has been used as leveraged play on commodities, has been weakening for some months, even after commodity prices revived on the Fed’s policy of printing more $.
Update on 20th November 2010: On Friday commodities fell, with some industrial metals and oil declining amid concerns that China’s appetite as a commodities importer may wane. It had just raised banks’ reserves. On Thurs commodities had recovered because investors had tot China had finished its tightening.