Re: Getting interestingA reply to your question - Do you guys think like me that commodities are the best indicators of economic health?
The world's economic situation is, as usual, quite precarious. People are very nervous as we have witnessed. Whether or not the nervousness/panic is justified is irrelevant. The issue facing all of us is making the best investments we can under the cirumstances.
When I am considering investments I look at reality first. Things will either get better or worse but they do not stay the same.
Worst case
The world does not stop even during a depression so commodities are always in play to some extent. Good low cost companies like this one can survive an extended downturn as good or better than banks. A financial crisis would hit everyone but well financed companies producing necessary things of value will remain valuable in relative terms (Copper and silver are needed more than gold). Cash may or may not be valuable depending on what happens.
I expect wild gyrations in stock prices. Whether these are manipulated or not, they will tend to shake out many investors. At the end of the day, only those holding shares actually own the company and its underlying value. Exactly what will my tiny percentage of Aur be worth in dollar terms after the dust settles I cannot say.
Normal to best case
We have ourselves one very profitable company that should treat us well.
More on point
Commodity consumption is reassuring but guarantees nothing. It is getting increasingly difficulty to know what to expect. Big games are played by big players. Data can be manipulated to achieve a result. Surviving the "crossfire" can be a feat all by itself.
Best of luck to all
Goldeggs