A brief extract from an article.... "Metals price crash sowing seeds for another commodities boom
The current crash in commodity and commodity stock prices is creating all the elements which will lead to a new commodities and commodity stock price boom.
Author: Lawrence Williams
Posted: Saturday , 08 Nov 2008
LONDON -
......we are met with declining supplies from existing miners as ore runs out, or only lower grades are left to mine, new development decisions are on hold, and may be deferred almost indefinitely and the exploration sector is almost defunct so major new deposits won't come into the picture at all. Even on a global zero growth scenario that paints a pretty bleak picture for future metals commodity supply - and that means we are going to reach a stage, sooner rather than later, where commodity supply prices are going to start being bid up again. That's positive for commodity stock investment, but perhaps negative for manufacturing industry. This will happen. It's only the timescale which seems to be in doubt."
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