Australian (ASX) Stock Market Forum

The GREATEST mining boom in stocks is yet to come!

China has just gone through a period of credit expansion....not sure how much left in the tank anymore....they're planning on building three new cities....as you do. So that might give resources a lift.
 
A mining boom will happen again. It usually starts from a position such as now. Quite often builds slowly and gallops leaving people wishing they'd invested. The gallop starts when little is really happening and most miss it.
 
A mining boom will happen again. It usually starts from a position such as now. Quite often builds slowly and gallops leaving people wishing they'd invested. The gallop starts when little is really happening and most miss it.

Oh Yes please, many trend followers would love that.

MiningBoom.png
 
Hi Wyatt
Care to share June 2008 till present for comparison
Cont.png

While the data does include historical constituents, It, no doubt, has plenty of other pitfalls including 50% D/D. This bucking bronc is not rideable imho
 
If I was the OP I may not be that keen to bump this thread after encouraging investing in a commodities bubble for the past 6 years.
 
In the OP's defence, the thread was started on a Canadian news article referring to the Canadian market.
 
The S&P/ASX 300 Metals and Mining Index (XMM) has doubled since the beginning of 2016. Nice steady upward trend, apart from the pullback from February to June 2017. Lots of booming junior mining companies of late. Activity in the sector seems to be really picking up.

screenshot-shareinvesting.anz.com-2017-11-13-15-40-22.png

Has another mining boom already begun? :unsure:
 
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