Agree that the EU does not need Greece, but a few other nations...

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SilverTrain108

607 Posts.

29/04/15

13:44

Post #: 15180750
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Originally posted by rusty02 ↑

"What's one a few rail networks vs the global economy experiencing another GFC like event?"

Love to have a few rail network customers on my books any day........Lol
New stimulus package in China as we speak and look what its done to commodities in the last few days.

Even Kip Keen a commodities journo form Mine Web
"Beware promise of price boom" article in relation to commodities and was quite harsh on Nickel predicts an increase in general from now $6/lb to $7.25/lb later in the year.

Big movements in the world governments directions ATM and hard to be spot on with ones analysis under these conditions. The next 6-12 months will give a good future trend.

In relation to Greece..........who!!! Do you honestly think a dormant country will bring down the EU. Their finance minister was just shown the door by the EU and subsequently sacked.
A country that consumes and has lived well over it means bringing no resources, no engineering, no industries, no manufacturing but do provide plenty of depth. My opinion is the EU don't need Greece.

Indonesia. Not a nationalist Government foremost and yes, are feeling the pinch from the downturn of their other commodities but even if the ban is lifted their reserves now are not huge. I feel if the ban is lifted it will only course a short term hitch.

Good discussion Silver Train, appreciate your view on the Nickel industry and demands.

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Agree that the EU does not need Greece, but a few other nations like Spain Portugal, Ireland won't need the EU either and/or vice versa.
The EU situation is not looking good or likely to be resolved any time soon.

"New stimulus package in China as we speak and look what its done to commodities in the last few days."
My point is they can't keep printing money forever.

AVQ Price at posting: 27.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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