UPDATES SEE ABOVE INDEX
TOP 40 UPDATES SEE ABOVE 19/10/2015
SMALL CAP UPDATE 16/10/2015
MY SPECIALIST WATCH LIST UPDATE 12/10/2015
NOTE 2 A SURVEY CARRIED OUT IN EUROPE SHOWS THAT THE WORKERS THAT WORK THE LONGEST HOURS ARE NOT IN GERMANY OR FRANCE BUT IN GREECE. IT ALSO SHOWED THAT IN ALL THE MAIN COUNTRIES PRODUCTION IS FALTERING AND THERE NOT ENOUGH JOBS FOR THEIR CITIZENS,NOW EXCREBRIATED BY THE INFLUX OF ILLEGAL MIGRANTS!
NOTE 1 Some newspapers now are predicting that mineral production will never again produce any profits.Yes there has been a seven year decline in prices and many mines and mining houses are in trouble.
The main reason is that in the twenty years preceding the decline prices soared as there were shortages for the main part of most types of minerals ,resulting in ramping up supplies resulting in over supply. Even when the writing was on the wall ,copious amounts were produced, such as iron ore.
Many mines are now being moth-balled or going bankrupt. Minerals will always be needed for our growing world populations and the cycle will eventually be reversed again.
LET HOPE MORE SENSE WILL BE USED IN FUTURE SO AS NOT TO GET INTO THE BOOM , BUST CYCLE AGAIN!
