RE:RE:RE:RE:Caption this doc i see your posts you are not on ignore with me i just joined today.the term the gang that couldnt post straight is from realsgctruthman. i have been part of that group for some time now.
all said and done i do have a few concerns that we politely differ on.
my resolve in sunridge is firm but belief in max value is less than sure.let me elaborate.
global economic growth prospects is the commodity sector performance is poor to put it mildly.i do not see recovery mode kicking in until 2017 .
what is so astonishing ( and disconcerting ) about commodities is that after $4.5 trillion in qe here in the US alone not to mention the enormous amounts of qe in japan, and the current ongoing qe in the eurozone commodities as a group are back to almost the same exact starting level they were back in late 2008 when the first round of qe here in the US was announced. that is simply stunning to me!
my question is: ” now what?”. what do the central bankers try next if they cannot generate their beloved 2% annual rate of inflation?
i put on record stating that QE in and of itself cannot produce lasting growth.
china is slowing on account of too many years of unbridled expansion financed by easy credit and now is dealing with its own version of an economic boom and bust cycle.
so where exactly is the catalyst going to come from to generate the kind of growth needed to really kick start the demand side of the commodity complex? answer – unknown – at least it is to me.
and that mr. doc is where we disagree. i can not see the upside being as great as realsgctruthman along with several others that see sunridge at a max premium.
we will see upside yet not to the degree late 2017 may promise.