re: supercycle - pixie dust Those Brokers saying there is no "supercycle" in resources are the same ones saying prices would collapse over 12 months ago.
scottaru posted a good article that explained why the supercycle theory is just not another "it's different this time" scenario.
Soviet Union stockpiles killed the boom of the late 1980's.
Society is much more intergrated now.
Inflation demands a premium.
Some say funds are driving the high prices???
Of Course they are, they are not stupid & want to make money!!!!
The supercycle is fundamental fact.
Charts are Bullish.
A lot of crap information exists "out there".
Thorough research reveals the truth.
I did it a long time ago & nothing has changed except upgrade after upgrade.
No end in sight short term partily due to the reevaluation of the Yuan.
Something that could be foretold over 12 months ago, hehehe.
Some people always disbelieve, they provide good trading opportunities.
The Wall of Worry needs to be climbed.
Cheers.
P.S Hammered
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Mkt cap ! $210.6B | |||
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