Two things should drive the commodity run in 2006. China and funds that want to increase returns. Every fund manager is looking to improve their return rate. The markets certainly haven’t done it and the talk about gold, copper, oil , and natural gas has moved many of them into commodities. It certainly won’t be straight up as there are always cycles throughout the year but for the year as a whole the commodity market should be great. As for China, it is huge country and most of it is still not developed. As the smaller cities develop their needs increase. China is growing at a faster rate than expected if that’s possible. Obviously not everything will be up but volume should be high. A few of the things I will be long in… gold, oil, lead (I need to find an account to trade this) and short natural gas and copper. The big boys in these pits are going to do well this year.