we are all sheep, page-52

1974 was oil/commodity based and so it is now.

My thoughts for the last few years was that resources would be the next dot.com bust.

I did think it would be a little later going into 2013 and may still be, but is doing a good imitation just now.

It does appear that commodities are screaming deflation, and the move down has probably been too much to fast.

That means a good rally is coming but the lows are far below.