In March 2003, X was $10/share roughly. It then went to $190+ over the next 5 years before topping June 2008. I think we are in a multi-year cycle similar to that. You will look back on these prices in many of these materials, metals, energy, and other stocks and wished you had gotten in. However, even though the idea of a new commodity super cycle is fascinating and wonderful, it also will put massive strain on the economy and people's pocket books. It could be what leads us into a recession in 2024. Guess we have to be careful what we wish for. GLL!
This is not a recommendation to buy or sell. It is for informational purposes only.
This is not a recommendation to buy or sell. It is for informational purposes only.