New nuclear plants in Asia put strain on fuel supply
Little evidence of long-term scarcity
New indices allow investors to measure exposure to longer-dated commodity futures contracts
All-time record high is 113.4% above cyclical low of October 2001
Spike in base and precious metal prices expected to lead index higher in May
Speculation, not fundamentals, driving current boom
New family of 20 sub-indices
Pension funds using asset class to add diversification to their portfolios
Recent correction presents buying opportunity
Rally expected to cool in 2006