IO is up 10c to 54.50 today ..
lower OIL + IO + Copper prices is the reason we have worldwide DEFLATION ...as Economists are Finally starting to Realize.. Imported Products prices get lower as commodities fall = Slower internal Goods Inflation = No Wages Inflation = Low Interest rates .
The best way to Recover world markets and Inflation drivers is to Lift IO + Copper Prices ..thru Supply Reductions and Mine Closures by Majors like Glencore Rio BHP Vale .
They will eventually Halt Supply expansion policy ..to Improve their EPS ...as Shareholders start to Demand better results from Major miners.
The Sky Isn't Falling.... - Thursday, page-27
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