resources, important read _+_+_

  1. 394 Posts.
    Hello, I've given this a lot of thought. Indicators coming out from the US show the economy is weakening with a very good chance of sliding back into recession. Raising interest rates will be the last straw. The outlook for most company profits over the next 12 months is not too good. The weakening US economy will also affect at least Europe. This means less resources will be used. The resource boom is most likely nearly over. Like every boom we're told that "This time it's different" because of some brand new special X factor. This time it's China. I don't buy that "It's different this time theory." Be prepared.

    Black Wolf has spoken. If you don't like what I write then put me on ignore just like some gold bulls who don't want to read what I write and bury themselves in dreams of golden wealth that are nothing more than dreams - illusions.
 
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