how is the commodity cycle at its peak? China is still investing heavily in the commodity markets, Iron ore prices are set to rise along with nickle and gold. The uranium industry is just starting in aus and is still in its infancy.
I work in the electrical industry and fact is consumption is growing fast and will not slow copper prices will only increase with the demand for electricity.
the only dampener on iron ore prices will be increasing supplies but even with FMG starting up ops soon there isn't enough production to lower prices.
Look at the trend forBHP over the last couple years if this trend line continues it will be above $50 by years end. Short term sure there will be some opportunities to short by long term growth is solid.
Also if they do make Olympic dam open pit from underground as is been investigated right now it will potentially decrease the costs of mining there and give better returns.
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