I would remind you that when you look at the bull market in stocks between 1982 and 2000 there were several times when stocks collapsed. In 1987 stocks went down 40 – 80% around the world. There were several times when prices collapsed and everyone said the bull market was over but it wasn’t.
Is the bull market over in commodities? I don’t think so. But maybe I’m wrong, it started a long time ago.