I have seen sceptical articles on China's statistics for years, none of which attempt to undermine the irrefutable fact of China's extraordinary growth (and it is all articles in the economist per see which I read with the greatest of sceptism - mostly written through naive young ideological eyes). Please also remember the great GDP statistics in the USA and other western countries in recent years were found to be based on an debt fuelled illusion (and were reversed). One of the greatest imperatives the Chinese regime have is "stability".
Your trouble is you are collecting random worries and using them to convince yourself publicly that OZL is not as sound as it blatantly is. It's horde of cash, gold tinged cashflow and steady/cautious management make it one of the safest miners to be in imho if any of these far fetched woes were to eventuate.
Why don't you do us a favour and put your skills in woe foretelling to effect, and do a comparative shock test for OZL vs say PNA, BHP and RIO.
You can have academics arguing about what they like but you've missed the plot if you think it was even (that economists concoction) GDP that matters, it was the rise in consumption of METALS and ENERGY by China that matters. Why do you think BHP and RIO were using satelites to spy on China's iron ore stockpiles during the GFC and not watching what hallucinogenic material economists were putting in their tea?
Stick to the fallacious assertion riddled junk concluding that OZL is junk.
EL
OZL Price at posting:
$12.90 Sentiment: LT Buy Disclosure: Held
