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Commodities Still Face Iron Laws of Supply and Demand

Posted on 24 November 2016

Investors should watch miners’ 2016 results carefully to see whether firms take the bait of higher prices and let capital expenditures drift up again. Mining executives are a sober lot these days. “Capital discipline” has replaced “commodity supercycle” as the industry catchphrase.
Things are looking somewhat brighter recently, however. Chinese metals demand has staged a limited, but real, rebound, and U.S. President-elect Donald Trump is touting an infrastructure-investment plan…………………………………Full Article: Source


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