Markets tumbling...

Looking at the figures this AM, you would think the world has caved in. But look at the price of Cu, U, oil and gold, and then look at AUD, you really wonder what is going on in the market.

I am still on the prowl for gold miners. SBL is very impressive. After only 2 years of uncovering gold in its Ghanaian tenement, it poured its first gold this week. But I don't know if it is hedged.

My best performing stocks during and shortly after the GFC have been oversold stocks. Not many people are brave (and stupid) enough to be contrarians.