Yes we have doom and gloom in the news and yet reality on the ground is vastly different, in my industry at least.
2 years ago we were looking like the world had come to an end I was perilously close to being out of work completely.
In my world now ...
2 years down the track...we have a full order book for the next 2 years and now looking like having it filled for the next 4-5 years. The resources industry in WA is about to undergo another boom (dare I say) and demand for professional project people is increasing significantly over the next 12 months.
I don't speak to one person involved in the resources industry both here and in Aus now that doesn't echo the same information.
My money remains in Aus resources and I believe the AUD will rise on the back of it. I am long AUD now, the US doesn't have the strength of our resources industry and asian demand for resources doesn't seem to be going away any time soon.
Working on the premise that the mainstream media are hype junkies and mostly behind the eight ball reporting yesterdays news. I will think contrarian and remain a resources and AUD bull.
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Yes we have doom and gloom in the news and yet reality on the...
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