The real floor is costs. Say for minerals in the longer run there is a price below which the commodity will hardly be available. A lot of intending miners are shutting up shop, others are closing down, when just a few months ago it was boomtime. This is good. Its all half good. Though I am down on every long term holding I can double my holdings for peanuts, especially selected small caps. Keep up the gloom while I stock up.
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The real floor is costs. Say for minerals in the longer run...
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