Did someone mention IRN is a no brainer buy? ;)Definately a buy...

Did someone mention IRN is a no brainer buy? ;)

Definately a buy and hold..

Very bullish article here about copper and china

"China's metal riddle - boom not dead"

http://business.theage.com.au/business/chinas-metal-riddle--boom-not-dead-20090417-a9ab.html?page=-1

Copper the stand-out


Copper is the present stand-out metal, the extent of its bounce sending analysts in search of greater meaning. A UK Telegraph story canvases the possibility that the Middle Kingdom might be just buying commodities as an alternative to the fragile US dollar.

The paper quotes growing analyst opinion that there's more to the Reds' love of red metal than the present demand for copper wire.

The head of a Taiwanese commodities firm, Nobu Su, is quoted as saying the splurge is about Beijing trying to extricate itself from dollar dependency as fast as it can: "China has woken up. The West is a black hole with all this money being printed. The Chinese are buying raw materials because it is a much better way to use their $1.9 trillion of reserves. They get ten times the impact and can cover their infrastructure for 50 years.

"The next industrial revolution is going to be led by hybrid cars, and that needs copper. You can see the subtle way that China is moving into 30 or 40 countries with resources."

I'd argue there's nothing subtle about it at all.

And no wonder Kevin wants a fibre optic rollout - we may not be able to afford copper.