Rosenberg Daily - Commodities good

There is also no doubt —this is a fact, not an opinion — that the China Investment Corporation is increasingly diversifying into a broad range of commodities, both hard and soft. See China Sovereign Fund Bets Big on Resources on page C1 of last Thursday’s WSJ (best not to bet against entities like these with extremely deep pockets — this is a $300 billion fund) and CIC Makes Food Security a Priority” on page 22 of the Wednesday FT.

---Rosenberg, 9.29