With extreme uncertainty on the direction of the economy from...

With extreme uncertainty on the direction of the economy from Chinese weakness and level of global debt.
I prepared to make some comments on my expectation for the Cu price:

• The long-term bond yield (say 10 year government bonds) is a very good indication of inflation indication. At 4.26% and rising it bodes well for Cu.
• A falling $A versus the $US and TWI is inflationary.
• The Cu price should follow the inflation rate. Stong linkages are input sint Cu production being wages and the Oil price.

Finally, all my experiences and knowledge, lead me to believe that due to the link to inflation Cu (and commodities in general) will be a key element in investment for financial security and retirement planning. There's no question that an investment in a company like RXM which is not yet a producer is speculative. However, it can readily form a key element in a well-diversified portfolio for financial security and retirement. The latter two are my goals. Even though I harp on the stock itself.

I think the next period may follow the path of in the 1970's. I was young but luckily able to follow the commentary or at least had quality teachers to highlight important points for me.

All IMVHO.