I am starting to really wonder if the world is going to have a commodity shock in the next 12-18 months in the wake of all of these mine shutdowns. Producers are very cautious right now about replenishing raw stock inventories and are keeping purchases at a minimum, but once they get a sniff of economic recovery, they'll be rushing in to scoop up cheap commodities to rebuild inventories in anticipation of increased production and this rush could easily overwhelm remaining supply and cause a serious price spike.

This could mean good news to producers like Liberty Mines, but it could cause a price shock that hampers further economic recovery (or even causes a shadow recession). Guess we'll see how this all unfolds.