The resource bears took a few swipes yesterday, reader. This morning we read that the commodity boom is over.
It’s articles like this that are making companies like BHP cheap. It’s down 25% in a couple of months. And bears will make investing in commodity-based equities a good idea in the second half of the year. It’ll probably be the best opportunity you have to buy mining and energy stocks since 2003.
But buying resources is not as clear (or easy) as it once was, as you’ve probably found. And that article above isn’t just pessimistic. It’s utterly dismal. We felt like a pallbearer as we read.
