Q, I'm a glass half full kind of guy with the US numbers very...

Q, I'm a glass half full kind of guy with the US numbers very encouraging, but their market has gone too far and needs a correction.

I just read a very interesting article from Ados which shows how BHP are ramping up production big time for Iron Ore etc to meet the increasing demand from China now the prices have come down 50%. With lower prices, comes high demand, not doom and gloom as some are saying from resource sector and China.

Australia is still fair value IMO and MBE is in the right sector at the right time with the right products/partnerships to capitalise on the mobile phone revolution which is in its infancy.

Whilst there will be choppy waters with Australia in decline thanks to the incompetent Labor party and their outrageous debt legacy (and blocked savings measures), we are still the lucky country with plenty to be confident about.