Resources can still remain strong if the U.S does weaken.
All major countries are currently experiencing growth. They have been the main drivers of resources strength, not the U.S.
Resources rise with inflation.
The reason being simply because costs go up.
Resources are a tangible asset just like gold.
Money might become worthless but a "chunk of steel" is still a "chunk of steel" & therefore still inherently worth something.
If people stop buying resources, prices drop, people stop producing.
& we start the up down cycle again.
My favourite resources stock JBM has only $10 million in debt that will payed off in the next 6 months from it's over $100 million in the bank soon to be $150 million.
Interest rates of 20% would mean a PER of about 18 to 1, on Bank interest alone.
