IGO 0.68% $5.93 igo limited

Looks like FEAR is back on the agenda ... the ugliness of the...

  1. 2,899 Posts.
    Looks like FEAR is back on the agenda ... the ugliness of the last few days globally can not be under-estimated ... Nortel bankruptcy , Citigroup delaying the inevitable by selling off the family jewels for next to nothing ... they will be bust within a few months ( I am sure they are already just don't want to 'fess up" ... ). All commodities collapsing under the weight of incredible demand destruction. The Santa rally that lasted for a few weeks and ended about 10 days ago was a great opportunity to take some money ( and hopefully profits ) off the table. Government bonds or cash will be the place to be the next few months .. at least. No time to try and be a hero ...
 
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Last trade - 16.10pm 05/07/2024 (20 minute delay) ?
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