the base metals rally is nearly over, page-6

Peak oil = peak metals = peak phosphate = peak food = peak everything needs based we consume... the theme from now on will be shortages, capacity constraints they'll call it (maybe not here first but definately somewhere in the world someone is missing on stuff they need). Look at what shortages of coal in South Africa have done to metals commodities prices world over, not to mention coal. That's a taste of what might happen when we get our first oil shortage ...

Own the commodities first and then think about the equities because the pickings will be thin. Low cost producing equities will rise to the top once the froth boils away and will be worth owning.