Commodities - The Coming Bull Market Message Board

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Strategies & Market Trends : Commodities - The Coming Bull Market

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To: John Pitera who wrote (100)	6/5/2001 5:20:52 PM
From: Moominoid	Read Replies (1) of 1643

I don't know which minerals the investment is being directed at and the data I saw was in percentage terms, 25% gain on nothing could still be nothing :) Because the Aussie Dollar is so low there might be some shift by multinationals to carry out investments here? Our trade balance is now again in surplus and the current account deficit is moving towards the previous cyclical lows but the Aussie remains near to the record lows. There is still a lot of grumbling about native title limiting exploration but maybe behind the scenes it is being sorted out. Clealry the stock prices rebounded from record lows and so has investment a little now. What the implications for future commodity prices is is mixed without more detailed info than I've bothered to look into. David

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