yep FMG good value in the LOOONG term mate...in the meantime the...

yep FMG good value in the LOOONG term mate...in the meantime the whole euro zone bailout round after round and more money printing etc etc will take centre stage ala the 2008 year. Next year will be better after all the euro mess.

So long long term metals are a good investment

Remember: Europe HAS TO INFLATE. If they dont, the EURO will LOSE its competitiveness on a global scale and send them into mass mass recession! The BIGWIGS that run goverments and central banks all know this. The USA will be FINE! Why? Because they have 65% of the worlds currency. And the USD is down and thus competitive for their businesses now. Theyve printed to pay off their debts; Now its EUROPES TURN. EUROPE dont have a choice. They have to do it to save their currency from bring TOO STRONG and ruining their competitiveness, PLUS, theres a potential banking crises looming. The USA wins coz it has TWICE the money supply as EUROPE! Europe will PRINT and in the end the USD and the EURO will be close to par long term. All the excess money in europe will pay for the bailouts of sthn europe. All the excess money in the GOOD european economies like GERMANY and UK (whos economies arent too bad even at this time) will create mass demand from these countries for the rest of europe and for the USA. Imagine how much excess money will be in a good economy like germany. Theyll want to spend. The euro will go down due to the PRINTING THO, which is good for EUROPE and good for the USA long term.

The two bigwigs - the USD and EURO will remain the dominant currencies

China: Chinas not as big a threat as we think; The gov takes a 50% stake in SOEs there , or private businesses and gives them all the funding for growth. They tell them to take all this money and go open dozens and dozens of the same business all round china. Theres a 1.7trillion dollar debt that the chinese banks hold ! Thats 1.7 trillion! The USA owns 20% of this coz they have a 20% stake in chinese banks! Now what does this mean?? It means that the USA owns 20% of 1.7trillion doillars in DEBTS! That enuff to send the USA banks BANKRUPT should china slow down and many of these debt go bad. The CHINESE are gamblers. If you have a business like the reject shop for example, the gov takes a 50% stake in it and starts pounding out money and tells you 'go open up another 100 of these all over china, well back you , dont worry'. Thats their mentality. Its dangerous.

The USA has 20% of 1.7trillion debt, not billion, but trillion. Thats why the YUAN WILL NEVER UNPEGG ITSELF.....alll the ppl in the know, they realise that all this DEBT can screw up CHINA royally....and the USA ! The YAUN WILL NOT FREE FLOAT. China is a high beta economy. The USA can sell 20% of the chinese banks and they want to sell down to lesssen their exposure. The chinese wont free float as its in the interest of the USA to keep as much USD out in the system, and its in chinas interesr that the USA dsnt sell down its stake in their banks and their share of thre SOE debt.

Its all a game of chess guys

LONG LONG TERM in a few years, METALS TRADE WILL BE THE GO!

For now, we all suffer whilst europe goes thru its problems and starts inflating etc

Once this process is thru, the USA and EUROPE will prevail....china is still a 'risky' country, and the yuan is negligible as its pegged and will remain pegged to the USD as long as theres all that fearful debt in the SOE sector

this guys is the TRUTH

metals will suffer ala 2008 but not as bad for now, but theyll come back with a VEANGANCE once europe comes back and takes the USA with it.