WHAT FRIEND BROUWER MEANT TO SAY...:

Commodities: The long-term trend is down (Kurt Brouwer, 2/23/10, Fundmastery)

This chart gives us a long-term view of commodities and surprisingly, the long-term trend has largely been down. This trend was made famous by the late and lamented Julian L. Simon, a professor at the University of Maryland.

...was surely "unsurprisingly."

Posted by Orrin Judd at February 23, 2010 5:59 PM