Dacata & JoJo
Spot on for my money. Talk of commodity boom being over is short termism and fear getting the better of sane and rational analysis. One simple fact keeps my mind focused.
It is a stated goal of China's that they intend to move 200 million people from farmland to towns and citys in the next 10 years.
That is almost the population of Australia being moved to citys each year.
Think roads, bridges, plumbing, power stations & grids, houses, schools, hospitals, electrical cabling, cars, supermarkets, petrol stations, office buildings......and the list goes on..... This requires all commodities and a bloody large amount of them.
China is a centrally controlled state with literally trillions of $ of reserve's. They will fund domestic infrastructure for decades without batting an eyelid.
Then add India and the rest of SE Asia. Long way to go. Looooooooooooooooooooooooooooooooooooong way.
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