Everyone has a get-rich quick scheme, and some get rich by selling their ideas to others. Whether it’s counting cards, flipping real estate, day trading, or otherwise playing the securities markets, in a bull market, the forecasts are all blue skies and happy days.
Ms. Richquik promises that commodities provide a much better return than stocks, on the basis that there are only 20 commodities compared to thousands of stocks. So it is easier to succeed by focusing on commodities such as gold, silver, platinum, oil and gas, wheat, orange juice, etc. Simply use her system and watch the returns roll in.
Required:
Evaluate this claim based on your knowledge of efficient securities markets and basic economics.