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    Too Much Luck: The Mining Boom and Australia's Future

    nicely done on the miner. How did you pick commodities as a winner sunfish a decade ago? The reason I ask is that now 11 years on the other end of the equation is coming home to roost. Those who assesed market dynamics a decade ago and understood we were in for some good times, could use...
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    Too Much Luck: The Mining Boom and Australia's Future

    indeed. plus should we see inflation in bank fees, in 10 years the $50.00 would likely not be worth the bank fees to transfer it anyway... Yes I took the bet to be in jest, but would take it nonetheless if you were serious. Agree on clarity of the outcome too. This is important in...
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    Too Much Luck: The Mining Boom and Australia's Future

    Agree. It definitely is as valid, indeed what surprises me is most people agree with you. That makes me the one with the less valid opinion if we are going for concensus. I still think I am right though. :p But as I said above, I am happy if proven wrong too.
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    Too Much Luck: The Mining Boom and Australia's Future

    In 2008, we thought the boom was over. Not just me, the market smashed ore prices. We thought we had a structural fiscal deficit. Why did we not plan for this, was the question on everyones lips? Why were we not like Finland, who saved a large part of their excess during the boom? Mining...
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    Too Much Luck: The Mining Boom and Australia's Future

    Hmm, it is hard to guage what odds the market can give me... It sure aint 50/50 though. What are you suggesting 4 to 1, For my terms? I think it will be easy enough to guage if the investment boom is over or not though perhaps clearer terms would be better? If you mean your terms of best...
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    Too Much Luck: The Mining Boom and Australia's Future

    It is supply coming on line which is indicative of the end of a cycle. The market usually moves before the actual supply is on line, and has a predictive power around this. You are talking about much supply on line in as few as three years. I don't know about elsewhere but looking at Port...
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    Too Much Luck: The Mining Boom and Australia's Future

    Dazz I can think of a few, one which I was unfortunate enough to own shares in... Yes the Australian companies attempt to pursue their rights but especially smaller players are smashed hard by the market when they have their buyer pull out of contracts that they are often left unable to claim...
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