goldmans changing view, page-2

I don't want to bash our banks but the article is correct, most banks this year have gone up 30 - 40 % (even after dropping 10% or so over the past few weeks). Poor old AGO has gone this year from $2.25 to $0.74, which equates to a drop of 67%. During this period the price of Iron Ore acually went up, go figure! In any case I know where I am investing my money, out of banks and into mining companies, I choose AGO because it has been beaten down too much and has the most potential for growth, especially with the future plans for the company and not to mention the lower Australian dollar and the up coming election.