Prieur du Plessis: Commodities - Too Much Too Quickly?

Just catching up on my reading here - found a good blog post from Investor Prieur du Plessis, who is based out of Cape Town.

He investigates the overbought condition of many commodities and speculates that we could see a breather lasting for several months. However his post was last Wed - so maybe the last two down trading days served to further "correct" the overbought condition in commodities.