mondayitis, page-79

FWIW - I personally think you are allowing yourself to be influenced by an ideology restricted to local economics. I think I know because I was also.

Commodity prices have goneski, upwards. Someone infamous recently made the point that they wouldn't be long on copper in a fit. Well, that was stated at $6400 prior to Xmas, now copper's at $7400 ... and it certainly moved before all the resource stocks. Nickel has now hit above $18000.

The battle for me is in interpreting what you see without opinion, not seeing what you think should be there, or how you think it should work. Supply and demand is driving prices in every instance, on all tiers of the market by all participants - bring the BRIC countries into the mix.

Nat Gas is in a glut market that is more regional than global, keeping prices down despite a growing demand. But most other commodities have regained a LOT of ground, yet many industrials have not.

Funny thing some of them commodity prices .... they might slump again one day, just like the ebb and flow of the rest of our economy.

rgds,
pw