Want to Invest in Commodities? Be a Proactive Economist

For the most part, economists are not good at making predictions -- even as a crowd. They're often asked to make short-term predictions about their macro ("big picture")-economic research, which is a fundamentally difficult task. So why should you "be an economist" to invest in commodities ?

Because when it comes to your portfolio, we're discussing long-term investments, not short-term ones.

Another good hat to wear, when investing in commodities: behavioral psychologist. Why? Because no less important than understanding economic factors and trends, is the ability to understand how people and markets react to them. ...