..id suggest you read yesterdays Economist article about the enormous commodity (incl. food) stockpiling that China has been undertaking of late regardless of commodity px...that's the problem with markets of late ..pricing everything relative to todays commodity prices while being wilfully or ignorantly disregarding of all the massive geopolitical changes..as I mentioned in another forum the reality of new mines is actually 20yrs plus (29yrs in US) and yet somehow everyone seems to think you'll just be able to flick a switch when the circumstances call for it ...if we don't make significant investment decisions NOW we are sleepwalking into a Chinese constructed nightmare of epic proportions..the western world can't think past next Fri while China continues to pre-position for 10,25 and even 100yys..
SYR Price at posting:
26.5¢ Sentiment: None Disclosure: Not Held
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