| RICI | 4488.98 |
| RICIA | 1439.77 |
| RICIE | 1236.17 |
| RICIM | 2327.69 |
RICI Charts 1998-2008
Recommended Reading
Hot Commodities : How Anyone Can Invest Profitably in the World's Best Market Excellent summary of the value investor's case for higher global commodity prices - historically low supplies married with historically high demand..should mean still higher prices.
Tomorrow's Gold: Asia's Age of Discovery Provides prospective and numbers to back the widely held view that Asian economies will dominate 21st century.
Saudi Arabia Exposed : Inside a Kingdom in Crisis, Updated Edition Reports on daily life in the Kingdom. Perspective on everyday poverty, crime and punishment, prostitution, domestic terrorism.
The Rise, Corruption and Coming Fall of the House of Saud Background on Saudi Arabian history; not the most balanced account, viewpoints worth reading.
Twilight in the Desert: The Coming Saudi Oil Shock and the World Economy Beefy details on oil fields in Arabia. All investors interested in natural resources should read.
The CRB Commodity Yearbook 2006 + CD (Crb Commodity Yearbook) Super resource for long-term commodity charts (70-100 years).
World Commodities and World Currency Benjamin Graham, the Dean of value investing, proposes solutions (first published in 1944) to the gold standard, and Bretton-Woods' fiat currencies. Written in the midst of a commodity bull market, Graham is among the first to propose major currencies be tied to a commodity index. Maybe time for a re-read. Hard to find..but any established research library should have a copy.
Discovering the Laws of Life The other side of master investor, Sir John Templeton. If you like Charlie Munger's 'worldly wisdom', dig in.
Poor Charlie's Almanack Expanded Second Edition. The Wit and Wisdom of Charles T. Munger Coffee-table book, collector's item. A Who's Who of value investors. See "Talk Ten", for new 'worldly wisdom'.
The Art of Hitting Fantastic follow up to The Science of Hitting. Ted Williams writes the foreward. Gwynn, the best hitter for average since Ted Williams, analyzes Williams' techniques, adds his own.
Science of Hitting Great gift for your favorite little leaguer. World's greatest all-around hitter explains the strike zone. Warren Buffett fans will appreciate this book, as well- Read this source of many metaphors for passive investing, used by Buffett and others.
What Buffett took from it...discipline is important, waiting for your pitch, (never swing at balls).
What Ted says, 'hitting the inside pitch is how you make history in the major leagues. You have to hit it out of the park!'
Buffett would say, bet big, when you find something you understand, and the probabilities are in your favor....
A Short History of Financial Euphoria (Whittle) Describes a 20 year cycle where each new generation experiences 'mass euphoria', 'mass insanity' and 'mass escape from sanity'. Well written, and brief; but Gailbraith manages to cover 400 years of financial history without describing any of the commodity bull market manias.
The Wall Street Waltz: 90 Visual Perspectives : Illustrated Lessons from Financial Cycles and Trends Coffee-table book, aging, but excellent look at cycles in financial markets. See #58, the 18-year U.S. real estate cycle.