Gold is real sound currency and Coal is real sound energy. Despite the Green energy promise and China's development of Green energy Coal is Real Energy.
Debt based societies like we have today are a Cleptocracy of Banksters and Cheap Sell-out Politicians. As the smaller nations realize that Germany-France are proposing the abolishing of their economic sovereignty and the criminals responsible for the debt crisis are the ones offering solutions. The break-up of Europe is going to accelerate.
In fact: Australian Banks Given One Week To Prepare For European "Meltdown" - Zero Hedge Article describes a nasty truth we are all facing...
"According to the Australian Finance Review, banks down under 'have been given 1 week by regulators to stress test how they would handle a spike in joblessness, plunge in home prices spurred by EU debt crisis.' Aka a European "Meltdown." And since we don't have immediate access to the article, we leave it to Bloomberg First Word to describe for us what the article says:
Australian Prudential Regulation Authority envision worst-case scenario of 12% unemployment, 30% drop in house prices, 40% fall in commercial property values, AFR says Banks will assume that write-offs, other mitigation measures are unavailable; later stress tests might allow for such steps, AFR says; 'Australia's banks have A$87.2b of exposure to Europe, or 2.7% of assets, with A$74.6b of it mostly tied to bank borrowers in France, Germany, Netherlands, AFR says, citing RBA statistics" - Zero Hedge (http://www.zerohedge.com/news/australian-banks-given-one-week-prepare-european-meltdown)
In my opinion what protects money is growth, growth of the sector, be that energy, gold or Coal. Growth of the assets, growth of capital and growth of the Nation.
IS Mongolia and Australia in a uptrend because of China? Yes! Is Australia a Coal exporter? Yes! Is Mongolia a coal exporter? Yes! Is Coal in a uptrend? Yes!
Mining Weekly by Terence Cramer: http://www.miningweekly.com/article/coal-demand-to-grow-by-600-000-td-over-next-five-years-iea-warns-2011-12-14
The new acquisition of this License for ROB has enormous potential; the mineralization and samples taken from this area suggest very promising results in my opinion.
My point is paper money is not real money and green energy is not real energy at the moment despite the PR. Coal is proven and reliable and the demand is massive. No one is rationally denying this. As money seeks sound investments Australia and China and by default Mongolia are all going to receive massive amounts of foreign capital. Especially into Low cap companies in Australia in certain sectors like Coal and Gold and obvious others...
We are watching a massive currency war that takes no prisoners. Where is the best place to hold our money? Under the Mattress? In a Bank? In land? So rather then this being a crisis for Australia to be feared, we need to position ourselves to flow with the wave that is coming. ROB is of particular interest because it is at the cusp of being born again, quite literally.
For me I ask myself if I was the MD is Mongolia and Coal the right Direction and I would say yes. Also the kingmakers that stand behind the throne are all seasoned and proven.
The first quarter is going to be very good next year for ROB in my opinion. The market is certainly going to keep soaking up the shares and growing their position. At the end of the day the overall point here is that destabilization in Europe will mean that sound investments in things like Coal are all going to come home to roast.
Coal means power for millions of Chinese people below the poverty line. Coal means industry and jobs and growth for the Chinese people and a western lifestyle. Despite the ludicrous attack in my opinion on Carbon Dioxide (Part of the Life Cycle) Coal is going to save lives, power hospitals, and increase the standard of living in places like India and China. Coal is a moral investment in my opinion!
As an aside obviously this benefits all Australians providing that Coal and investing in Mongolia's development out of poverty is another blessing in my opinion!
If you liked what I've said let me know by voting!
PS - This research is for fun and is in no way advice. It could all be wrong! DYOR!
Kind Regards
ROB Price at posting:
1.9¢ Sentiment: LT Buy Disclosure: Held
