I am no longer recommedning CLF or EWZ simply because you can make better gains with KOL and MOS or POT with less risk.
The iron growth story is somewhat weak because energy usage is continous while iron use is one time. When you use iron and steel to make a building or ship you no longer need iron for the project, while the building will require a continous infusion of energy to run. I just realized this today.
People are need food continously while iron is one time usage.
Thus I can no longer recommend Iron or metals companies like CLF. EWZ is also weighed down by mining and oil companies such as PBR, RIO which I no longer like.
The best gains are in KOL and MOS
I hate to have to do this but I have no choice but to cull the losers and replace with winners. CLF and EWZ are still above where I recommended them, but they suck compared to KOL and MOS.
In the long term, oil, iron, steel, potash, coal will all go up, but of all of those potash and coal are the best and I have no choice but to invest in the best.
The iron growth story is somewhat weak because energy usage is continous while iron use is one time. When you use iron and steel to make a building or ship you no longer need iron for the project, while the building will require a continous infusion of energy to run. I just realized this today.
People are need food continously while iron is one time usage.
Thus I can no longer recommend Iron or metals companies like CLF. EWZ is also weighed down by mining and oil companies such as PBR, RIO which I no longer like.
The best gains are in KOL and MOS
I hate to have to do this but I have no choice but to cull the losers and replace with winners. CLF and EWZ are still above where I recommended them, but they suck compared to KOL and MOS.
In the long term, oil, iron, steel, potash, coal will all go up, but of all of those potash and coal are the best and I have no choice but to invest in the best.