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Commodity supercycle is resting between courses

Posted on 14 March 2013

In the world of commodities, the past couple of years should be viewed as an abrasive palate-cleanser between the first course of the supercycle — which ran from 2000 until 2008 — and the main course that is now being prepared.
To understand why, one first needs to re-examine the specifics of China’s recent nominal dollar growth in gross domestic product (GDP) — an extraordinary compound annual growth rate of 18.5% over the past decade. Even now, China’s nominal dollar GDP — that pool of demand that matters most to business — is still growing by about 13% a year…………………………………….Full Article: Source


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VRS - who has written 37561 posts on Opalesque Commodities Briefing.


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