| There’s a widespread fear that the trend in commodity prices can only be up. The state of the natural gas market, however, suggests a reversion to an older mean–of permanently falling prices in real terms.
The commodity bull case rests with a perception that there’s a limited amount of raw stuff. And the low-hanging fruit has been plucked. In other words, the most easily accessible commodities have been dug or pumped out of the ground and now the world’s left with lower grade, harder to extract stuff...............................................Full Article: Source
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