<DrumBeat: May 16, 2006The Oil DrumDriving In America>

112 comments on (Still) Waiting for the Crash in Commodities

Comments can no longer be added to this story.

wkwillis on May 17, 2006 - 7:17am Permalink | Subthread | Parent | Comments top
That's because of the old rule of thumb that profits cause competition and outrageous profits cause ruinous competition. He's terrified that everybody and his brother will open copper mines and crash the market...as is usually the case at the end of (and causing the end of) every commodity boom.
0
Comments can no longer be added to this story.
Hellasious on May 17, 2006 - 7:29am Permalink | Subthread | Parent | Comments top
How very true...recent example closer to home: bandwidth and telecom eqpt. Take a look at  this:
0
Comments can no longer be added to this story.