molamola

People in the industry of course take a overly positive side. their opinion is biased. Just common sense.

For those are close to retirement are all set even with the market drop, they invested in RRSP early, so it doesnt affect them as much as you think.

molamola

if you are getting close to retirement and still holding tons of stocks in your RRSP, you have no one to blame except yourself., you dont balance your stock/cash holding.

the 30 - 40% down from last month is meaningless, you have to look at the whole portfolio to determine your position.

molamola

if the global economy is slowing down, the demand for resources will be lower.

molamola

I think #13's decision is a more reasonable market indicator for the next 2 to 3 yrs.