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Potash Corporation of Saskatchewan Inc. Message Board

  • manylumen manylumen Feb 20, 2013 11:08 PM Flag

    Seems to me that commodity consumer governments pushing together to weaken commodity pricing

    For oil, metals, food, potash etc in a desparate attempt to help the weak economy. So just about everyone wants cheaper food, oil, and fert etc, but a consumer cartel can only push down so much on a spring. At some points in time new production or even exisiting production is going to get shut in and we have already seen it in oil and if i recall in potash as well. Now a poster is saying Saudi are cutting produciton as well. So one should look for weaker potash and buy up. the tv talking head analyst thinks market corrects on sequester news, so better buying days could be just ahead.

    Sentiment: Hold

 
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25.95+0.18(+0.70%)Aug 28 4:05 PMEDT