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Old 08-31-2012, 05:23 AM   #20
Logaleta

Join Date
Oct 2005
Posts
419
Senior Member
Default
I disagree.

The bitch is towing the line of capitalism in an era of collectivism. She is echoing the words of Buffet and Gates. It was put there to either simmer the pot a little more for the proles or just as a distraction piece. Has something happened to her company or the industry in Aussie? Weren't they going to take a huge chunk of profits as a tax there recently? I thought it got shelved. Would this be back on the table and this is a "first shot" towards the socialists in power?
From what Ive heard bhp is cutting back on Olympic Dam which isnt going to be developed now,thats uranium .OZ has been doing well because of China but china has to flatten out a bit ,and it seems their banks are as bad as everyones.

Mining slowdown in Australia will cause problems as thats all its been prospering from the last few years and it looks to be the time to cut back in mining at the moment.

OZ dollar sinks in this case but holding g/s can protect here.
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