The Different Types of Commodities

There are specialized markets for commodities such as spot markets or derivatives markets. Investors often recommend buying and holding commodities because it can act as an inflation hedge in high inflationary times. Usually during a time of shortage speculators and commodity traders see this trend and jump on the bandwagon. Producers make hay when the sun shines is often the financial saying when it gets used a lot. Eventually demand starts to wane and this is usually due to various economic situations or downturns. This means significant production just becomes uneconomical so producers start to scale back their production which leads to price reductions. In 2023 there is some government plans to make it easier for overseas trained healthcare workers to work in Australia.