Originally posted by paddington bear
Thanks
@Heloise. I just saw something that made me look at the chart which looks reasonable so I was looking for an expert's opinion on what they are doing. Will leave them alone for now. PBT.
Also on your earlier post - yes that is the way markets usually work - commodities are linked to inflation, particularly gold. However, I don't think markets are "usual" at the moment so I don't think we can count on anything being as it has been in the past. Looking for surprises everywhere. As I have mentioned a few times, I think we have to think more about the effect of the yuan - something you have been on top of for months.
Re the Yuan PB, it’s had quite a drop over the past ten days or so (bearing in mind that markets have been closed because of Chinese NY). Was just looking at our XMM chart that has been mentioned several Times on here and Wow! It’s almost back to levels of 2012, which leads me to thinking that it may be time to have a look at those infrastructure support companies like MAH, MND etc etc. There was one yonks ago that specialised in housing construction at mining sites, can’t remember off the top of my head. But it sure looks good.