A key thing that people in general lose sight of is the difference between underlying demand and financial markets.
I look at at the commodity complex and specifically data like demand coming out of Port Hedland (if we are talking Iron Ore). What we see is that these figures are not suggesting any kind of a slow down that Bloomberg or other fear mongering media outlets are leading us to believe.
This is not to say I don't appreciate that Europe is in a mess and sovereign debt issues are a concern... what I try to is cut through the nonsense to see what they real demand and supply data is that this is coming out. And at the moment this is pointing to a golden opportunity to get size in specific small cap mining companies that are going to make a lot of money from the robust NPV's of their upcoming projects.
