"Right now I think its not so much a question of projecting a higher demand for phosphate, but a higher demand from market participants to make money out of it."
Perhaps... And that is truly key to speculative investing.
But one cannot deny that prices are climbing for now - Substantial supplies will not make market within 18-months (Risk of this is minimal anyway).
The demand for more farm produce in Asia is growing exponentially and is only just becoming a mainstream issue.
I still think not having some exposure to this is more of a risk then the idea that prices may fall after 2-years.
Forgive me, but I'm going to use the old cliché :)
What are you buying now that you forecast will have decent returns within the next 36 months...? I'll look into it and buy some also.
AEV Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
