"Palm Oil set to surge 21% as demand returns, Sime says"
Why 21% why not 25%? 21.3% 22.2222%? This is equally as bad as so called expert forecasters such as Mistry plucking targets of 2,200 per tonne, based on predictions on inventory data.
Which is why the charts provide the objective and unbiased opinion of market direction, because we can make educated guesses on where the 'big elephants' are headed.
"In the long run fundamentals determine the price, but as Lord Keynes said, in the long run, there is one certainty, WE ARE ALL DEAD"
posted by emacro @ 10:37 PM
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