I predict a run on Strategic Materials cannot be hidden as nations; banks and investors look for assets that act as a form of currency that is also something real.
Long-term I am Bullish but the old system and ways are finished in my opinion.
The Technology is racing ahead of all else...
(TONGUE in CHEEK !!!)
(No I'm Serious; Graphene is that strong and light !!!)
I have been predicting the Flaker Flight for years now largely in part because of logic but also because the market is on the Raggedy Edge. Could be 100% Wrong of course!
To be fair here I fully expect to see a run on Safe Havens this year and next year....
And of course most of the major stock market crashes in U.S. history have been in the fall. Just go back and take a look at what happened in 1929, 1987, 2001 and 2008.
The “smart money” has been pulling their money out of stocks for quite a while now, and at this point a lot of others have hopped on the bandwagon.
The following comes from CNBC… The flight of investor money from U.S. stocks has turned into a stampede.
In fact, the $78.7 billion leaving domestic equity-focused funds has been worse in 2015 than it was even during the financial crisis years, when the S&P 500 tumbled some 60 percent, according to data released Friday by Morningstar. The total is the highest since 1993.
Domestic equity funds surrendered $20.4 billion in July alone and have seen $158.6 billion in redemptions over the past 12 months. Even a strong flow of money into passively managed exchange-traded funds has been unable to offset the stream to the exit among retail investors, who generally focus more on mutual funds than ETFs.
Egon von Greyerz recently told King World News…
Eric, I fear that this coming September – October all hell will break loose in the world economy and markets. A lot of factors point to that, both fundamental and technical indicators and this indicates that we could have a number of shocks this autumn.
Sadly, most investors will hold stocks, bonds and property and will see any decline in value as an opportunity. It will be a long time and a very big fall before they realize that the system will not help them this time because the central bankers have run out of ammunition to save the global financial system one more time. Yes, we will see more massive money printing, but it will just make things worse. And at some stage, which could be quite soon, real fear will set in, a fear of a magnitude the world has not experienced before.
Telegraph to declare that the countdown to a “global market crash” is “one minute to midnight” is a very, very big deal…
When the banking crisis crippled global markets seven years ago, central bankers stepped in as lenders of last resort. Profligate private-sector loans were moved on to the public-sector balance sheet and vast money-printing gave the global economy room to heal. Time is now rapidly running out. From China to Brazil, the central banks have lost control and at the same time the global economy is grinding to a halt. It is only a matter of time before stock markets collapse under the weight of their lofty expectations and record valuations.
I am watching the price of Strategic Materials every day and have done for 2 years or so. They are going to be moving like weather-vanes in a Tornado soon enough...
This new achievement for Sri Lanka on the political side is really reassuring; all MRL Corporation has to do is look for everyone to be rewarded here; especially training up Sri Lankan Adults
Lots of Australian companies come to mind in a partnerships to help develop Sri Lanka. Sri Lankans are really wonderful people and they are strong going forwards now together.
Nothing wrong with slow and steady because they have a bright future in my opinion...
It will be smart for the SL Government to promote themselves as being free; democratic; ethical and capitalist...
Turning good deals into Win Win for the Locals is the secret of Mining Longevity...
Kind Regards
DYOR !!!!
MRF Price at posting:
6.6¢ Sentiment: Buy Disclosure: Held
