I don’t think the 2020s is the 1970s mark two, but I really don’t think it will be the 2010s mark two either. And that suggests you are going to have to pick-and-choose more carefully during the 2020s. This is why, looking back to the 1970s, there are many relevant reasons why ‘gold’, ‘commodities’ and ‘value versus growth’ were the best performers across the decade then…and that should be the same against ‘bonds’ or ‘cash’ and ‘growth stocks’ by the time we get to the end of 2029. Anyhow, all of this brings me to the question of Anglo American (AAL), with its diamonds, copper, nickel, iron ore and metallurgical and thermal coal exposure.
Early this year we showed the top shorted London-listed shares at the start of 2019. How's the performance at the end of July? (those in bold remain from 2018)...
Hello, Share Crimpers. It’s not often I commend shares in a mining operation. And I have especially avoided talking about the very big miners. The reason is that one can never say with confidence if commodity prices are going to rise or fall. However, there are clear signs that general demand for metals and minerals is at last improving.
Hello Share Twiddlers. I’ve not looked at the giant miner Anglo American (AAL) for some years now. In general, mining companies have not inspired optimists like me over the last few years. The carnage has been terrible. But I’m getting the feeling that all the over-selling has come to an end now, to be replaced by the opposite activity.
