Having a decent run and now trading in the green for the year after Friday’s 2.2% bounce, are resources at the bottom of the cycle? Y-t-D Anglo American up 53%, Sibanye Gold up 128% and Amplest +84%. Warren Buffet released his annual letter to shareholders on Saturday, mostly defending his investments in 3G and Clayton. Good news for South Africans as the petrol price is set to drop.