re: gentleman speaking of fightbacks Man you guys need to get some balls and get into the habit of taking profits.
What I see is hawkish banks everywhere. All the central banks are raising their rates. That's a major long term problem for commodities. Then ask yourself what happens to the money supply when rate hikes are used to combat inflation; the M0 & 3s get liquidated from equity and converted into bonds baby.
While you're all whinging about the ZFX sp I don't think you all grasp the seriousness of inflation. It's like halting the Oceanic Conveyor, ultimately destroys corporate profit and growth, and takes a long time to fix.
When bank shares start slipping that's alarm bells for everybody.
ZFX
zinifex limited
