I agree that global commodity prices are suppressed at the moment due to the slow down in western economies caused by the bank crisis and the apparent slow down in China caused by their continual book cooking.
Its hard to tell which tho so Im looking to invest in one of the large mining stocks diversified in them all.. probably BHP Billiton or Rio TInto
I went with BHP Biliton in the end... Win.
http://www.theguardian.com/business/2014/feb/18/bhp-billiton-beats-market-forecast-profit-rise-share-buyback