Borano there is talk at the highest levels in China to bring out the Big Bazooka and launch a huge stimulus ..now that could blow up the price of coking coal!!! Yes a good little trade move ahead for WHC??
However I am more comfortable with Chinese forgetting about property and steel and buying gold .that age old Chinese investment much forgotten during the building craze that created the present bubble that's deflating ....but not forgotten by the older and wiser Chinese!!!!
Yes I'd bet Gold is coming back with a bang and a huge wave of Chinese buying is perhaps the next Chinese craze...I have always liked Gold and Goldfinger with Shirley Bassey's great voice ... I'm sure it will have a revival....What a voice ...What a woman ...Ah! Yes the wonders of youth and benefits of Gold!!!
However back to Gold...now with the wondrous benefits of physical gold ETFs we can buy shares backed by physical gold ...and in the case of "PM Gold" you can actually change your shares for Gold at the Perth Mint ...The shares are literally Gold...Now What's Not To Like About That???!!!
To all you Gold Bugs out there ...go for Gold or the Physical ETFs ...and stack a bar or two away!!!
All the Best to All
WHC Price at posting:
$7.27 Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)