tuesday slide, page-87

Thanks for the comment TB111.

My view is that commodities will bounce back just as fast as they disappeared. The only difference is that the only co's to prosper will be the one's that survived. There is so much stimulus around atm . Eventually this will filter through. China and the US with major infrastructure packages. China has a huge rail expansion project. Housing after the earthquake etc... Who is going to supply the iron ore, copper and coal? I have some investment in coal and it looks like coal shipments are starting to pick up again. It's all a big chain. If there is a credit squeeze and shipments can't take place, plants need to be shut down. Stock builds up. Customers need to stop ordering. Once the credit is lifted plants start up again and off it goes again. My view is that we will be booming again H209.