FNArena Talks | Mar 12 2012
This story features RIO TINTO LIMITED. For more info SHARE ANALYSIS: RIO
FNArena Editor Rudi Filapek-Vandyck was guest on Switzer TV last Thursday and grabbed the opportunity to explain why he believes long term investors should show restraint and caution in this market, while avoiding mining companies including BHP Billiton ((BHP)) and Rio Tinto ((RIO)). Host Peter Switzer countered this latter view is not shared by an overwhelming majority of experts in the Australian market.
It has to be noted an increasing number of top down strategists is adopting a similar view on resources as your editor's. See, for example, today's "Weekly Broker Wrap: More Model Portfolios Adjustments" published on the website earlier this morning.
Your editor's view on the mining companies as a long term investment has been picked up by journalists of The Australian Newspaper twice. First on Saturday in Tim Boreham's Criterion column and again on Monday morning in Robin Bromby's Pure Speculation mining column.
Thursday's appearance on Switzer TV can be watched via the FNArena Investor Education section. Here's the direct link
(If the link doesn't work, copy the following into your browser: https://www.fnarena.com/index4.cfm?type=dsp_front_videos&vid=74 )
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For more info SHARE ANALYSIS: RIO - RIO TINTO LIMITED
