TRY 0.00% 3.0¢ troy resources limited

For the Troy clan, this may give you some...

  1. 91 Posts.
    For the Troy clan, this may give you some heart

    http://www.marketoracle.co.uk/Article28971.html

    Main points:
    The temptation to sell out before things get worse is very strong.

    But don't do it ...

    The preconditions for strong commodity prices are still in place. And at present levels, a number of commodity and energy-producing shares are stone-cold bargains.

    I'm sure you were surprised to see that these same companies didn't do all that well in the first few months of the New Year - even though oil, gold, silver and copper prices were climbing and rare earth prices were going though the roof. The market seems to have believed that these strong commodity prices were actually peak commodity prices - and that producers wouldn't get much benefit from those peaks because they would receive the high revenue for only a short period.

    ctions to Take: You don't have to be a tealeaf reader to see that strong commodity prices are fait accompli. The evidence is all there - it's just that most investors are choosing to ignore it.

    Don't make that same mistake.

    "all quoted from above article"

    DYOR
 
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