tailspin ok---a not so rosy outlook for basemetal prices is around 3 to 4 % growth(bhp today)---iron ore prices are now up 20% from thier recent lows and i suspect from everything i read that io prices will settle around 120--130/t.
we can expect the dollar to at some point ease and as well we can expect a further easing of interest rates. as well in many areas there are bargains to be had--and so ,as has always been my position---it is a great time to go and find a bargain i see the posters on here who rejoiced at the falls in iron ore prices are strangely silent on the 20% recovery and i see none of the cheap sheets looking at the data on afforability yet are still posting the comparasins with us home to income ratio every country has its own way----we have a future fund and compulsary super as well as public health, ect as for the deficit---using a deficit during the gfc was a good thing ---but lets not drift into politics eh
