FMG 0.83% $18.29 fortescue ltd

G'day Senectus ( mighty ancient one :))Mate, call me old...

  1. 910 Posts.
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    G'day Senectus ( mighty ancient one )

    Mate, call me old fashioned if you like, but in my opinion these crystal ball gazers, tea leaf readers, astrology guessers are a not only useless, but also dangerous in the sense of deluding people into making false premise investment decisions. Goldman Sachs have such a pathetic record on successfully predicting IO prices, and hence fmg prices to render them just a hopeless joke.

    Who can answer these geopolitical questions with certainty? Will China pull the trigger on Taiwan? Will Adolf Putin successfully annex Ukraine? Will there be another pandemic in the next 5 years? Plus a cast of questions too numerous to mention.

    Attempting to predict the geopolitical (with economic implications) future is not a science, it's a fool's game. I rest my case your honour. Take it or leave it! best wishes, wes


 
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