Commodity prices look sustainable in the short term. Analysts are expecting spectacular results in the coming mining reporting season in February, and if we see profits and cash flows coming close to expectations then we may well see the continuation of the positive sentiment in resources stocks.

Tim Barker

Analysts Coming Commodity Expecting Mining Prices Reporting Results Season Short Spectacular Sustainable Term

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The analysts were expecting more of a launch spike than we were,

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Despite the lofty gains in the Australian dollar, commodity prices have meant it now looks undervalued. Any short-term dips in the Australian dollar now need to be bought.

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This is really just some short-term consolidation. We are inside of yesterday's range.

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