3.80 buy, page-4

Nordesmic

Thanks and interesting points you make.

There are now so many bargains out there it is difficult to chose between them.

The base metal prices are suggesting some sort of world wide recession is coming or there is too much supply.

WSA will survive, I believe, but its profits would be crushed.

I just had a look at the Ni price. USD6.92 looks bad, but I think it got lower in the GFC when the AUD was much lower and provided a buffer against the falling PONi.

I know stuff all about TA, so I appreciate your input there.

I am not sure what is really happening on the gold/goldie front. It is either a short covering rally or a genuine reversal. I dunno, but there are usually still plenty of bargains around in July/August for the patient. However, seeing where the POG has headed I wish I had nabbed some goldies yesterday (hindsight - lol).

loki