By Royston Wild : The Motley Fool – Thursday, 14 April, 2016
Despite my repeated warnings of impending doom, share prices of many of the Footie’s commodity and retail giants have been carried higher again against a backcloth of giddy investor appetite.
Diversified commodities play Anglo American (LSE: AAL) has seen its share price explode 160% during the past three months, while oil giant Shell (LSE: RDSB) has enjoyed a 31% rise. Grocery house Tesco (LSE: TSCO) has seen its share value advance by a more modest 7% during the period.
But a recovery from January’s multi-year lows does not suggest that these stocks are on the cusp of a stunning turnaround. As legendary economist John Maynard Keynes’ famously pronounced: “the market can stay irrational longer than you can stay solvent.”
With this in mind, I believe these recent share price rises provide fresh opportunity for canny stock pickers to head for the exits.
Fundamental fears
Like Tesco, both Anglo American and Shell also face a prolonged backdrop of revenues pressure in the years ahead.
Shell has seen its share price explode in tandem with resurgent crude values. The Brent benchmark smashed back through the $40 per barrel landmark last week and was recently dealing above $44, the most expensive since late last year.
Meanwhile, Anglo American has charged skywards on the back of a resurgent iron ore price, the steelmaking ingredient striding back towards $60 per tonne in recent sessions.
But I reckon the broad-based ascent in commodity values is built on sandy foundations. Question marks remain over the strength of underlying Chinese material demand, while hopes of supply cuts in both the metals and energy markets are yet to be backed up with tangible action.
Indeed, a deal to freeze output at OPEC’s latest meeting this week is by no means a foregone conclusion. And many major metal producers remain committed to expanding capacity despite the threat of prolonged price weakness.
Against this backdrop, I believe both Anglo American and Shell are — like Tesco — in danger of experiencing a severe share price correction.
This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
