@Croesus1 Agree with much of what you are saying, but my logic is that whilst all section of the market will run, one leads to the next.
Increases in spot price leads to increases in term/contract prices
Which in turn drives up the price in ETF's holding physical as well as producers
And then also developers although not to the same extent as producers
And then U service companies get a kick up
Admittedly this all happens in quick succession, but my view is that spot price moves first to get the bull market properly underway. Current SP rises are just an early indication of this probability and further SP moves will require spot price movement. Just my thoughts, I don't claim to be an expert and happy to stand corrected.
PS: Don't get me started on school curriculums, I have 2 teenagers at high school and I agree its totally ridiculous some of the stuff they get taught (and don't get taught).
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