don't (can't) break the china folks: it's gold?dmj, page-131

Well said Cats, I totally agree that long life and low cost production are safer, should this run be a headfake and we head south the fairer priced stocks give you a much greater buffer to downsize your positions should you need to. The is a bit of euphoria in the air and some stocks could end up with unrealistic valuations pretty quickly. So much macroeconomic noise best to be a bit patient. I have bottom picked a couple for very small positions but prefer the safety of quality right now.