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Gypsy
Membre depuis mai 2012
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By 2015 Hard Commodity Prices Will Collapse; Australia's Mining Boom Dies

- Mish - Global Economic Analysis

Mish, your reasoning is fine ~ for as far as it goes ~ but since you're projecting into 2015 I believe you're leaving out the insanity of the world's current leaders and their desire for a MUCH LARGER war: much sooner than 2015. (I mean a larger war than the BIG one going on now in Afghanistan, Pakistan, Libya, Iraq, Syria, Turkey, Tunisia, Palestine, Lebanon, Israel, Egypt and sometimes Jordan.) The larger war (we're talking Iran, Russia, China here) would create a huge demand in hard commodities.

On the other hand, it's probable that Weapons of Mass Destruction (Nukes) will be used on Day One of said war ~ vastly reducing any future demand; perhaps to zero.

Commenté il y a 4225 jours

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Début de l'article :I have been calling for a base metals bust for some time,fueled by a slowdown in China. Michael Pettis at China Financial Markets has been saying the same thing... Lire la suite

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