Sean K
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Not sure if there's a better thread for this.
I've seen it announced in the (bullish) parts of the resource commentaria that we are in a cyclical correction/decline half way through a commodities bullmarket that started in 2016. Not sure if you would agree with that?
I haven't got a chart or instrument that depicts an overall commodities trend (anyone who has one, please suggest) but using the XMM - Metals and Mining, and the XJR - ASX200- RES, seems like a good place to start.
If a commodities bull did start about 5 years ago it does match these charts, and if we're in a cyclical correction, half way through the bull, then this looks pretty positive for these two trajectories with another 5 or so years to run once the bull restarts.
I know many are concerned about a general market crash due to monetary policy, but if they just keep printing, the money goes somewhere, and it's into realestate, development, buying stuff, etc, etc, which keeps the bull running.
Thoughts on if we are in a commodities bull, and if it has another 5 years to run? If so, looks like a good buying opportunity on the surface of it.
I've seen it announced in the (bullish) parts of the resource commentaria that we are in a cyclical correction/decline half way through a commodities bullmarket that started in 2016. Not sure if you would agree with that?
I haven't got a chart or instrument that depicts an overall commodities trend (anyone who has one, please suggest) but using the XMM - Metals and Mining, and the XJR - ASX200- RES, seems like a good place to start.
If a commodities bull did start about 5 years ago it does match these charts, and if we're in a cyclical correction, half way through the bull, then this looks pretty positive for these two trajectories with another 5 or so years to run once the bull restarts.
I know many are concerned about a general market crash due to monetary policy, but if they just keep printing, the money goes somewhere, and it's into realestate, development, buying stuff, etc, etc, which keeps the bull running.
Thoughts on if we are in a commodities bull, and if it has another 5 years to run? If so, looks like a good buying opportunity on the surface of it.
