Sharks ...prices will collapse into the abyss ...80% of producers will bankrupt and the majors will struggle for many years (decade).
If what is coming that I believe ...there will be a colossal shift in market dynamics ...when money is worthless so will be commodities bar gold .
Gold imo will head above 10000 in the coming years.
Don't ignore the bond market ..its been screaming depression for nearly a decade ...Unfortunately that's what is awaiting us all.
Interesting Sidenote... - Friday, page-65
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Last
7,950.5 |
Change
60.900(0.77%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,889.6 | 7,969.1 | 7,889.0 |
| XJO (ASX) Chart |