CSD (ASX) Ann: Research Report

Originally posted by Forged ↑

Global meltdown will crush every stock... producer & no-producers. From Bio, banks, retail.... to agri. This post is not about IBG or CSD, is about the "possible" bad scenario.

Don't think we are on the bottom of commodity fall, further fall will come IMO (hope not). But, note this article.... this is what I worry me & it all make sense:

If we were going to see a stock market crash in the United States in the fall of 2015 (to use a hypothetical example), we would expect to see commodity prices begin to crash a few months ahead of time. This is precisely what happened just before the great financial crisis of 2008, and we are watching the exact same thing happen again right now. On Wednesday, commodities got absolutely pummeled, and at this point the Bloomberg Commodity Index is down a whopping 26 percent over the past twelve months. When global economic activity slows down, demand for raw materials sinks and prices drop. So important global commodities such as copper, iron ore, aluminum, zinc, nickel, lead, tin and lumber are all considered to be key “leading indicators” that can tell us a lot about where things are heading next. And what they are telling us right now is that we are rapidly approaching a global economic meltdown.

If the global economy was actually healthy and expanding, the demand for commodities would be increasing and that would tend to drive prices up. But instead, prices continue to go down. The Bloomberg Commodity Index just hit a brand new 13-year low. That means that global commodity prices are already lower than they were during the worst moments of the last financial crisis…

http://theeconomiccollapseblog.com/...et-crash-so-guess-what-is-happening-right-now

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It might all come about as you and the "pundits" suggest Forged.

But let me put this scenario to you. I am sure you have been reading widely on the market and predictions etc etc etc over the last few years. How many of them have been predicting bad times? Let me answer that - quite a lot of so-called eminent pundits and for some of them it is an annual ritual!!

It may come this year, it may come next year or in five years time.

But these guys are going to say "see, I was the one who predicted this and that is why you should subscribe to my publications. Y'all know, I coulda protected yer assets."!!

So make of it what you will and DYOR!