This 50-year chart shows just how undervalued commodities are
New study plotting US equities against raw material prices going back to 1970 points to 112% upside for commodities just to return to trend.
Frik Els , Editor
Frik has 20 years’ experience as a business journalist across a range of industries including automotive, technology and entertainment markets. Frik has an entry in Global Mining Observer’s Who’s Who of Mining 2018, and contributions to publications and conferences including Business Insider, Investing.com, Mines & Money London and New York, Vancouver Resources Investment, Progressive Mine Forum in Toronto and Canadian Mining Symposium in London, UK. He’s been interviewed on CBC Radio and Korea State TV and quoted in the Financial Post.
Posts by Frik Els:
Something Big Is Coming
MINING.COM was launched in February 2011 and quickly grew to become the most read mining news and opinion site in the world. […]
Copper price falls on worst global factory data since 2012
Growing trade fears combine with shrinking global manufacturing activity to push copper price to lowest level for 2019.
Gold price builds momentum as hedge funds add 36% to bullish bets
Large-scale speculators in gold futures are positioning for an extended gold rally.
CHART: Worst May for US stocks in 9 years lights fire under gold price
Gold price jumps on safe haven demand amid trade war, but main trigger for extended rally will be declines on US equity markets, says new report.
FLASHBACK: Rare earth mining in China — low tech, dirty and devastating
A report by state news agency Xinhua paints a particularly grim picture of China's rare earth industry which belies the notion that China's crackdown has more to do with managing supply and extracting lofty profits than it is about cleaning up a notoriously dirty business.
FLASHBACK: Largest known rare earth deposit discovered in North Korea
The 216 million tonne Jongju deposit 150km north of Pyongjang, theoretically worth trillions of dollars, would more than double the current global known resource of REE oxides.
Iron ore price tops $100 a tonne for the first time in 5 years
Increasing supply worries after Vale warns of another dam burst.
Tesla is turning rivals into roadkill – even in China
Based on March electric car registrations in over 80 countries Tesla deployed more battery power than its four largest rivals combined.
BHP says Jansen potash mine ‘remains attractive option’
Top global miner tells investors it can mine potash for only $100 a tonne at $7 billion Saskatchewan fertilizer project.
Top 50 mining companies power through Iran war – up $250 billion in 2026
The world’s 50 biggest mining stocks shrug off global turmoil, hitting a combined $2.4 trillion value in Q1, but the tide did not lift all boats.