Studies show, that commodities themselves outperform commodity stocks.
In the ‘70s, oil prices went up 10 times; commodity oil stocks did
nothing. With stocks you have to worry about the management and the
balance sheet and a hundred other things. Commodities are pretty dumb:
If there's too much oil, the price is going to go down; if there's too
little, it's going to go up. Oil doesn't care who the head of the
Federal Reserve is; it doesn't care what laws Congress passes, for the
most part. But if you're Exxon, you've got to worry about that stuff.

The studies show that you would've made 300 percent more investing in
commodities themselves over the past several decades than in commodity
stocks, but if you know a company that's going to discover a lot of
natural gas in Berlin, you buy all you can. Then you call me. Because
then you're going to make a lot more money than in commodities
themselves.

Cheers,
Josh Fuller
www.billionairebythirty.com