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Thursday 17 December 2015

The end of the world is nigh | well not that nigh!

The Bad news is The Milky Way  galaxy (our home) is going to collide with the Andromeda galaxy, and generate an enormous giant super black hole destroying all of us.

The good news is it isn't forecast to happen for 4 billion years.
so probably not going to be a big issue for humanity.

There seems to be a big element of impending doom and gloom in commodities, it seems like we are never going to need iron ore, oil, or copper again!
Strangely enough I think we might.
Or maybe its the fed putting up interest rates, who knows.

But BHP WPL STO IGO RIO and a host of companies in the commodities space have been smashed.
Even though Im not overly keen on miners, there has to be some value emerging here.

I think we could all take a deep breath, and have a reality check, sometimes the market offers us good stocks at very cheap prices, but we have to be smart enough to realize it when we see it.
My health issues has led me to the realization that I have spend far too much time worrying about shit that might never happen, and too little time having fun, but that's all changing for the better.
I think the market is currently worrying too much about commodities, there are some oversupply issues, but they may not last as long as people are worrying about, low prices will mean a lot of companies will shut down, or go broke, probably a good time to buy into some of the stronger stocks.

Currently researching Oysters and Beer in Merimbula, which has to be one of the best kept secrets Australia has for a holiday destination.

Found some of my favorite beer in the local supermarket,
Gage Roads Sleeping Giant Indian Pale ale, and purchased some local seafood, fantastic, sitting around, 28 Degrees, a bit of a wander along the beach, to burn a few calories, after the beer and seafood, life doesn't get much better than that!!







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