IMF report out , states that the resources boom still has the...

IMF report out ,
states that the resources boom still has the legs to keep running , and that coal and iron ore are likely to stay at there highs for quite a while , due to lack of supply and strong demand , and that the momentum of demand growth from large emerging economies remain robust ,

this commodity boom is not like the one in the seventys that ended with a 2 decade low of commodity prices , this boom is due to shortage of supply , export botle necks , and strong growth in emerging markets

this is the fundamentals of why i still hold all my RES stock , and have now turned the clock back 12 months till i get my boat , car , life ,


regards

stured

hold the faith , or get out of the kitchen ,fire or frying pan