IBG 50.0% 0.3¢ ironbark zinc ltd

IBG Classic Stage 2 bullish pattern, page-76

  1. 3,217 Posts.
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    Australia isnt giving up on iron ore and metals, in fact its an infrastructure priority of the current government to ensure iron ore and coal remain staples of our economy. They realise that the world will still need metals to grow, thats why we bother to engage China in trade agreements.

    I think your argument ( without you implicitly staing it) is more related to the current strength of the US dollar affecting commodities and resources. The world is not ending, and both zinc and IBG have had healthy 12 month gains thats reflect in their charts. But if you,re bearish, youll have a different opinion, and the world could indeed come crumbling down around you, but dont hold your breath.
    Last edited by johnyb26: 01/12/14
 
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