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Hey some great posts above just an extra point...mining boom is...

  1. 276 Posts.
    Hey some great posts above just an extra point...mining boom is out the window.BHP RIO used to work of annual growth rate of 100 percent target current growth rate is 8-10 percent currently and thats a big stretch a lowering Aussie will not save the miners yes it will help.Big point BHP RIO are the best 2 miners in the world so you can imagine what the average minning company will be showing.The price of commodoties is going down.Our PMI is currently worse than Europes we are in the shitter big time i dont think people are getting the drift we are in for a big bang just round the corner.The conspiracy theory guys have been warning real estate coming off by up to 40 percent IMF has released several warnings in the 20-40 percent range any thoughts on when this plays out (aussie crash )how this will affect real estate?
 
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