The article homes in on China, whilst neglecting to mention the rise of India, South America, South East Asia and, in future, Africa. In respect of China, compounding of the growth rate means that a current growth rate of say seven percent is probably the equivilent of a growth rate of ten percent plus just a couple of years ago.
And what about these hard commodities? Each one will have it's own demand and supply dynamics that will set the price in 2015. Look at minerals like tin, tungsten, zinc and anthracite for anticipated supply constraints. Their price performance could differ significantly from, say, iron ore, where there would appear to be plenty of supply to flow through to the markets.
