cynic
- 18 May 2015 08:15
- 794 of 1268
miners remain worryingly weak, primarily because of weak chinese demand for steel - the key indicator
the equipment we buy is primarily made from stainless steel
while accepting the $ is comparatively strong at the moment and that the chinese continue to over-produce, ignoring market conditions, prices have fallen from about $27,000 about 5 years ago, to just over $20,000 within the last 12 months, and currently <$16,000
eventually this will turn around - look to indian expansion - but until that time, assuredly stick to just top drawer and diversified stocks like BLT and RIO
cynic
- 19 May 2015 19:51
- 799 of 1268
DCC
if motley is to be half-way believed - what's the track record like? - this one's certainly very interesting notwithstanding that it's a real heavyweight
however, the spread is small and the margin for CFDs a reasonable 10%