A Non-Blog Disliked by Google
Koko says: "Mining stocks are cheap. But different stocks are cheap for different reasons; Xstrata management, for instance, are over-paying themselves while they still can; Rio and BHP are cheap because people fear a Stalinist-type tax-grab by the Australian goverment; Anglo is cheap because it's locked in a legal dispute in Chile or Peru or Outer Space or whatever; Lonmin is cheap because of the fear of nationalization in South Africa. Furthermore, the prospects for sustained double-digit growth in China are too anemic to offset any of these concerns".Buy now. Anon.Buy now, because these things too will pass. Anon.
Global economy will turn if we are admitted to the Eurozone and are able to access German loans.
Will turn ... to Argentina. Not a good place to be, I presume.
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