2nd wave in major up swing in commodity prices, page-6

Cliff Bennet gets ridiculed all the time but i think he is more on the money than most. Also its refreshing hearing some positivity. To me it seems ever since the GFC its become fashionable to be over bearish.
Seriously cant understand how the main stream analysts, GS, UBS, JP etc can get their forecasts consistently wrong and get away with it.
Tom Price from UBS said Iron Ore would be $70US by this quarter. Its sitting at double that atm. Give me a break.