Long term trend is good when a recovery in commodities is in the offing. In Terry's fearful world one days drop in a year of recovery which followed several years in the doldrums sends him running for the hills.
Your risk management is daft - any wee bit of growth and you run around screaming bubble bubble doom and gloom is on us.
Has the iron ore price dropped Roddy? What has the puppeteer read in the media? What is in "the offing"? Is something being "offered" to raise the spirits of the suburbanites in Australia? I thought they had forgotten all about commodity prices.
Has the iron ore price dropped Roddy? What has the puppeteer read in the media? What is in "the offing"? Is something being "offered" to raise the spirits of the suburbanites in Australia? I thought they had forgotten all about commodity prices.
It's not about me as you like to say roddy.
Price is still just over $91. Mug punters like you probably are taking profits from the FMG
The reality with IO is that there are far too many question marks to really understand the market at the current time. The suburbanites may have been exposed to FMG through their super funds. That's the best most of them can hope for. There will be no FIFO jobs cleaning toilets on 6-figure salaries. Those days are gone. Even turning up with an attitude and a swagger won't cut it at the moment. The 'who you know approach' is also a tough route to take. However, if you have the skill-set, ability to demonstrate your effectiveness, and flexibility you might be up for a chance.
Mug punters like you never actually have a position.......
Costs money to have a position.........talk is cheap....That's all you seem to do.
Blah Blah Blah......
Well I wouldn't recommend most suburbanites to have a position. Most of them barely have 2 sticks to rub together. Research shows that up to 70% of h'holds have savings of the equivalent of less than 6 months' income, so for them to be dabbling with FMG doesn't really make any sense.
Anyway, Roddy is simply a construct. Chances that his creator will be buying FMG are slim to non-existent.
Well I wouldn't recommend most suburbanites to have a position. Most of them barely have 2 sticks to rub together. Research shows that up to 70% of h'holds have savings of the equivalent of less than 6 months' income, so for them to be dabbling with FMG doesn't really make any sense.
Anyway, Roddy is simply a construct. Chances that his creator will be buying FMG are slim to non-existent.
Roddy the suburbanites have taken you to the cleaners. That's why you are on here whinging about house prices being so high.
Very good timo. Roddy the suburbanites have taken you to the cleaners. That's why you are on here whinging about house prices being so high.
They are laughing at you roddy, laughing.
Roddy, it wouldn't concern me if house prices increased 100% overnight. Chances are that the suburbanites would be breaking and fighting over twigs in that kind of scenario.
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