Beating the Commodity Magnet
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It was a cold day. I was walking to the grocery store, the snow crunching under my feet. The world was white, so I could only see the outline of a dark forest in the distance. The trees were bare, their limbs hanging down in a stark, geometric pattern. The wind blew harder, and I was reminded of the cold and the darkness. But even in this moment of solitude, I couldn’t ignore something. Something was calling me to action, to something more than what I had seen. The call was
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For the past 25 years, the commodity magnet has been in high gear, with mining, energy, and agriculture. This year, we’re starting with coal, which has seen some of the worst blows. The Belt and Road Initiative (BRI) is a grand strategy by China to spread its political, social, and economic influence worldwide. Its primary goal is to facilitate cooperation and infrastructure building across Eurasia, Africa, and Asia. The initiative has already affected several African countries, with China’
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I recently read Beating the Commodity Magnet by James Altucher, who had a very different opinion than mine. you can find out more Instead of relying on marketing hype or conventional wisdom, he used his own hard-earned experience and tested approaches against what worked for him. Instead of relying on traditional marketing hype, he tested what worked for him and published an article. I could not find any research data to support his claims, and in some areas, it contradicted what other people said. Instead of a conventional definition of marketing, he was a jack-of
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First, let me tell you what commodity is: It’s a set of physical or economic goods that are considered essential to the economy, are in high demand, and are produced by only a few companies in a country. For example, we have commodities like crude oil, iron ore, copper, and gold. These commodities are considered a ‘must-have’ for a country’s economy as they are used in all industries, from manufacturing to transport. They are the fuel for the machines that power our factories, transportation systems,
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In this article, I share the unique story behind how I beat the commodity magnet and how my life has never been the same since. It is not an exaggeration to say that commodity magnet, defined simply, is the largest magnet in the world. navigate to this site That’s because we all know commodity investing is the easiest way to turn $100 into $200, $500 into $1000, $2000 into $5000, and more. This strategy is simple to
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