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By 2015 Hard Commodity Prices Will Collapse; Australia's Mining Boom Dies

- Mish - Global Economic Analysis

Nothing new here. Commodity prices go up and they go down. Some mining project developments have recently been put on hold but there are huge current orders on the books. Further china is not the only country that buys resources. Aust also sells huge amounts of agriculture products. Oz is in a much better position for the coming downturn and house prices have started to go up in a complete opposite to the Mish predictions

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Beginning of the headline :I have been calling for a base metals bust for some time,fueled by a slowdown in China. Michael Pettis at China Financial Markets has been saying the same thing... Read More

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