@MrStrengths ..... I dont think the looming Evergrande collapse...

@MrStrengths ..... I dont think the looming Evergrande collapse is going to be a removable bump, more like a THUMP, unfortunately.

Evergrande is a Private Co, it is not State Owned, so Xi wont give a 'rats toss bag' what happens to it IMHO. The warning shots have already been fired across our Bow, take note. Remember the GFC, junior exploration minnows were left cashless, BHP dropped to $20? Nobody foresaw the implications of the Lehman Brothers collapse. Let the prico of IO be a little hint as to what is possibly coming.

It doesnt finish there, Xi is warning us over our ties with Taiwan today.

To me irs a warning, preserve cash at all costs !

RNU are certainly well positioned right up until construction cash wise, no doubt. The implications of Evergrande could be felt far & wide, cash will become king.

I'm sure the brilliant management of RNU have their eyes wide open, but the ability to raise cash could be a stumbling factor.

Right now, my policy is to only invest what can afford to lose, I have too many memories from 2008.

Take care ALL, we are in unchartered waters again.


The above from 'The Australian' a few minutes ago.