Commodities

Recently, in times of trouble, price of gold FELL.  But in more recent times of trouble, price of gold went up.  I leave the logic to illogical traders.

And Beijing is trying to cut down pollution, yet NSW coal exports to China went up by 22% last year.

This AM, RIO had record shipment of Fe ore in the midst of record low price for the commodity within the last five years.

Price of oil has fallen to the point where even major producers like Russia and Venezuela are filling the pinch.  Very few producers can sustain very low oil price.  What has been found may be cheap to extract but it is very expensive to explore and even more expensive to develop the fields.  Some time in the future, the price of oil has to rise.  In the meantime, success with exploration has not been met with any zeal from investors...  Just look at KAR!  And TPT's recent optimistic announcement about its tenement in Alaska.  In the past, those good news would have sent the share price soaring over the moon.