The faith has been with the commodities demand and the wealth created for Australia and reflected in our market...
Commodities are under pressure at the moment (justified or not) and our current market position is priced accordingly...
As has been said, we rode the wave between 2005 and 2007 and we virtually missed the GFC...
In my opinion, this lagging we are currently experiencing will be very good for a strong rally in 2012....
US still printing but inflation under control and growth is gaining momentum...
Europe are printing Juggle money faster than the Sovereigns can process it at Auctions...While this is kicking the can....it will provide stability and provide confidence for investment...
It will take time for the Banking system to loosen the purse strings....but I am confident 2012 will NOT be the armegeodon expected....
Good Luck to all for 2012 and stay safe....
The faith has been with the commodities demand and the wealth...
-
- There are more pages in this discussion • 49 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add XJO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
7,767.5 |
Change
7.900(0.10%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,759.6 | 7,819.0 | 7,754.9 |
| XJO (ASX) Chart |