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“ONLY when the majority becomes bearish at the low do we reach that sweet spot, and it becomes time for a reversal of fortune.”
Comment:
Above should read…ONLY when the physical shortage from higher dollar/lower prices along with higher consumption becomes apparent, do we reach that sweet spot, and it becomes time for a reversal of fortune.
Note, artificially higher than normal home prices (low rates no doc, liar loans) caused a glut. High prices cause less consumption with excess production, until the sweet spot rotation is reached.
There should be a rotation out of regular stocks and into natural resources soon.