No Lockitt Once again you have failed to comprehend my previous statements. I said lithium was the only game in town and the operative word was 'game' because that's what it all is a big game. Whilst punters wanted lithium you were a mug not to jump on the battery metals band wagon but when the music stopped you have to look for a new dance partner and that sure 'aint ugly old Mr Copper. More like Miss Uranium or Sir Iron -Chairman of the Board. I wish it were different and we could sit down and plan with some degree of certainty. What happened to the 'business cycle' which we all followed - that's out the window. Look at Germany - out with nuclear we have Russian gas -oops! we have gas from the USA- oops' no more the USA has restricted export of gas -maybe Australia -oops a few whales singing 160 km offshsore have put paid to that idea too. Fact is no one knows what is going to happen next - As for JMK I wasn't subscribing to his financial theories -just his quote which is also credited to Sir Winston Churchill. But even a drovers dog can understand the rationale -it's just common sense that when the facts change a sensible person sits down and reassesses priorities. As for ICG all I can say is you are a glutton for punishment. More money down a bottomless pit with not a skeric of copper in sight
Anyway old Black Cat has a theory now too -- When Bernake touted 'helicopter money" being an old conservative I was aghast -I predicted doom and gloom for the US economy. Well massive QE worked and now look at the USA -being reported as even better than a goldilocks economy. The US economy is going gangbusters whilst China crashes and burns.
Watch China copy -they will print about $ 1.3 trillion and then watch the fun and games - More games -
ICG Price at posting:
0.7¢ Sentiment: Sell Disclosure: Held
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