looks set for a run, page-34

SBM performs better than its peers today. To me it looks like the relative strength continued.

Oceana -1,8%
Ramelius -4,3%
Silver Lake -2,8%
Focus -3,0%
just to name a few

SBM -1,0%

Obviously the sector is down due to a lower POG. The FED purchases Bonds and ASBs for 85B new Dollars each month. To put this in perspective: With purchases like this, the FED could redeem 100% of Greece's debt in just 3 months! The BoJ started unlimited purchases, the BoE purchases 80% of all new British debt and the SNB until just recently continued selling Francs like mad just to keep the 1.20 EUR/CHF rate. So the whole world is being flooded with heaps of new paper money and the POG goes nowhere for 18 months now? Food for thought.

SBM up +1,3% right now