They are not the only ones who are saying it though and the...

They are not the only ones who are saying it though and the evidence of the trend is out there for all of us to see - if we choose to, of course.

If UBS was the only one telling the story, then skepticism would be warranted - unfortunately, they are not the only source. Plus, UBS was only a small part of the article from * anyway. Selective reading mate

Maybe I am wrong but a huge increase in supply of any commodity over a one to two year period would always cap the price. For IO prices, there are cycles and we seem to be experiencing a move into the lower part of the cycle.