Introduction

Just one month in, it has already been a year of record highs - gold has smashed through the $900 an ounce level, with the gold futures contract for three-month delivery on Comex closing at $932.80 on January 28. Oil touched $100 a barrel in early January before slipping back, while wheat prices continue to set new highs.

Not surprisingly, given the turmoil in other, more established markets, investors are eyeing the rise in commodity prices with interest. This isn't a new phenomenon -

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