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Today's quote:

Sunday, February 7, 2010

When PIGS can fly!

After the emergence of the BRICs - Brazil, Russia, India and China - pushed the sharemarket to new highs, the financial troubles of the PIGS - Portugal, Italy, Greece and Spain - are pulling it down again. I am sticking with the "stronger for longer" resources sector and am heavily overweight in BHP. Time will tell!

In the meantime, don't believe all that doomsday talk about the coming of the end of the world because some little PIGS in Europe can't pay their debts. That's hogswash!