Commodity Funds, Gold and Energy for Investors?

This year, commodities have gold especially has had a huge bounce back. We sort of tremendous commodity run from the early 2000s till 2011. Commodities have no internal rate of return and there's a cost of storage and security for things like gold or oil. So when you buy a unit of gold, why do you buy it? Because you think you can sell it to somebody for a higher price. That is the definition of speculation.