Good morning all15 Feb 2023 09:14
I hope all are well.
I've been looking at the commodity prices lately.
As a heavy user of diesel,about 40k litres a year, it's good to see oil down.
Just recently I've thought about buying ishares physical palladium,but every day it just keeps going down.Sometime it will be the right time to buy.
Personally I think the global economy is doing quite badly due to huge demand destruction.This could lead to a prolonged low growth era.
As such I have downgraded my expectation of Eurasia's asset sale price.
I still firmly believe north of 50p is acheivable but some bargaining power will have been lost.
I still fully hold, I've only ever bought over the last 14 years.
Have full faith in BOD and expect good news by end of April.
Enjoy the day.