Uranium

Before Fukushima, everything was pretty rosy for uranium.  Suddenly, it has become a dirty word.  Then when carbon tax/trading and pollution in China became news again, nuclear energy raises its head again.

What I find unpalatable is that there were many writers, so called "experts" telling us that the contract with the Russians over decommissioned nuclear warheads will expire this year leading to world wide shortage as supply exceeds demand when the cheap deal ends.

2013 is nearing an end.  And there is still news about that contract ending.  Also there appears to be no shortage of uranium while Palladin is struggling.

Do you love those 'experts"?!  Or rather "inaccurators"!

Copper

Copper is the marker for world economy; possibly one of the most reliable indicators.

Supply is down at Irian Jaya due to government interference.  And China is using more.  This means the resource sector will rise but it needs the momentum to swing the opposition way.  No point jumping in right now as the downward movement will still continue but the end is in sight...

TON

Its neighbour's share price went flying because of graphite discovery.  When this one came along, it was worth almost nothing.  Yet, it promises a huge show.  Sure enough, it has not been disappointing with its myriad announcements of hits after hits.  But the market is no longer interested.  I did top up recently without much profit.

So here again, is 156m of graphite hit.  I expect a short-lived rise.... so I won't be buying any today.  But this is the kind of stock that I like which the market doesn't like for no good reason.

Where is the market going?

Markets cannot keep falling.  Where is the savings going to find a home when interest rate is falling?

POG cannot keep falling either.  It costs a lot to explore and even more to produce.  Chinese are lapping it up at low prices.

And I note that the price of copper is slowly creeping up and it is THE best market for the real market... but it too can be manipulated.  When economy is booming, people buy electrical apparatus and electricity needs copper wires to transmit.

But then the current wealth in Australia is so dependent on the USA printing money and that would have to end some time.

Where do we stand?  I know where I will stand... in the middle of nowhere unless I find value.  Troughs are found by others, not me :-(

AQO

In The Australian newspaper again...

I topped up at 15c when some were desperate enough to dump their holdings.  I didn't get at the trough a month earlier at 13c.

There is hardly any market stir when the Yankees are moving it.  Barnaby Joyce makes less noise with them.  It is only when the Chinese move in in large financial transactions that the market will suddenly see values slipping away to across the South China Sea.  There are more than 20 tcf of gas in AQO's tenement but only a small fraction can be easily extracted.  But even that will be worth a lot of money.

Now there is likely to be a local farm-in... with backing from the US.  So nothing startling.  For that you have to wait for the Chinese to stir up fear of Australia being owned by foreigners.  Em... I always thought the Yanks and the Brits, too, are foreigners as well.  And that is why, it is so nice to thrash the English in the ovals.