Risk off environment with world economies not going anywhere soon.
The only real money flow into markets is probably coming from super funds that have to allocate monies to stock markets be it locally or.globally.
Mums and dad and retail investors are running on oil fumes. No gas in the tank as interest rates are kicking in and the cost of living bikes the back pocket.
I don't see any uplift in the spec sector unless in the lithium uranium and at the end of the day the lithium boom will be just like the molybdenum boom. Less than 10percent will get to mining.
October 1987 anyone ?
Cheers
EM2 Price at posting:
8.9¢ Sentiment: Buy Disclosure: Held
