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Resources - Boom or Bust?

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Merv

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If you get the answer to this question correct and have the means and guts to back your decision, you can make a lot of money.

You can read articles written by some very talented commentators and get completely different scenarios from each analyst and varying "sentiment" from day to day, week to week and month to month.

The key word is sentiment.

There are also economic resource reports assembled by government bodies, abare for example.

I have found that one of the most undervalued forms of analysis that is carried out by highly credentialed economists and is for free, are the outlooks published by major mining companies.

These companies are investing BILLIONS upon BILLIONS of dollars in investments for the years and decades ahead.
They do not do this lightly and apart from the quality of their individual experts they are also massive in terms of technology, resources at hand and headcount.

A lot of investors do not take enough notice of these reports and write them off as being nothing more than self promotion and the "spin" of the mining giants.

I can assure you they are anything but.....

One these companies that has a history of being very conservative in their forecasts and then delivering massive upsides year after year, is of course Rio Tinto.

For those interested i urge you to read the "Outlook for metals and minerals" release by Rio which can be downloaded here

Whether their view is the same as your view or even if they are right or wrong is not what is important but what is important is that you are being given access to some of the most accurate and educated information in the economic world.......for free.
 

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