falling iron ore prices foreshadow a recession, page-2

  1. V8
    9,963 Posts.
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    Interesting read fluffy

    Personally think the crashing price of shale gas is about to usher in a tremendous boom due to the extended period of cheap energy that is about to engulf the world economy.

    If the price of commodities were about to retreat to recession levels, commodity produces would already be priced at that level eg BHP at $20.00

    See 2011 as equivalent of the set back experienced in 1994 coming out of the 1991 recession.

    IMO this is the safest time to buy shares since 1994.
 
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