XJO 0.60% 8,199.1 s&p/asx 200

almost election tuesday, page-48

  1. 2,320 Posts.
    commodities are a real tangible product that is needed by the world - even if the whole world goes into an unheard of deep 5% recession then the world's GDP will still be 95% of what it was last year and 95% of commodities will still be needed (a bit simplistic but you get the gist). Base metals are selling for around there cost price at the moment so if they drop further expansions, development and producers will stop - leading to shortage of supply. I can't see how it is possible that commodities could still have large drops from this level. But then again I am new to this and have no idea really!
 
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