When we hit new highs with NOT well over a year ago we were at the beginning of this recession. I remember because i was in Edmonton when Bear&Stearns crashed, the market went crazy with 1000 point swings and NOT and the ROF decended into a never ending spiral. Now here we are at the possible beginning of the end for this recession and once again the ROF and NOT have the market in a tail spin.
Difference this time is we may have increased our reserves substantially and the possibilities for this area are endless. What really gets me is China is sitting on 2 trillion of reserves and they have stated publicly they are going to spend it on securing future resources and not just China, Asia and the rest of the world in general!
A countries very security relies on the resources they have or can obtain. The ROF is going to recieve alot of attention shortly because commodities in general are going to get alot of attention place your bets wisely and you will be rewarded!