msm = main stream media

LAKE VERMONT EXPANSION

In 2011, Jellinbah Group commenced the expansion of it’s Lake Vermont mine to a 8Mtpa operation. As part of the expansion, a duplicate CPP is being constructed by the Thiess Sedgman Joint Venture and is scheduled to be completed by late 2012. The mine will operate at a 6Mtpa production level from 2013 and 8Mtpa production level from 2015, as logistic infrastructure becomes available.
http://www.jellinbah.com.au/news/current-news.html

Bardon there’s a few iron ore miners in the Pilbara who do about 3 – 5mtpa. If you weren’t told they were there you wouldn’t notice. They’re absolutely tiny in the scheme of things.

If I’ve read and interpreted the release correctly Thiess have simply retained an existing contract and will manage a relatively small expansion over 3 years provided they can get access to transport to shift the stuff. In reality it’s still speculation until logistics materialises to move their extra production to port. That might be a challenge because everyone else is trying to do the same.

Then there’s the opposite side of the coin…

Global coal output to shrink as mining margins retreat
Author: By Jacqueline Cowhig
Posted: Wednesday , 25 Jul 2012
Analysts and industry executives expect global coal output to shrink over the next year or two as miners grapple with a combination of low prices, weak demand and cost and currency headwinds.
http://www.mineweb.com/mineweb/view/mineweb/en/page504?oid=155723&sn=Detail&pid=102055

Rio Tinto to Cut Australia Coal Jobs After Fall in Price
Published July 19, 2012
Dow Jones Newswires
Rio Tinto PLC (RIO) said Thursday it expects to cut an unspecified number of jobs at one of its coal mines in northeastern Australia as it seeks ways to offset a slump in prices for thermal coal.
Read more: http://www.foxbusiness.com/news/2012/07/19/rio-tinto-to-cut-australia-coal-jobs-after-fall-in-price/

I think you have a few challenges in making your content interesting and relevant. Language is obviously one. You might want to partner or solicit content from native speakers in various localities who can write an english version for your blog.

I’m not sure if you follow this guy but he writes some interesting stuff re China and Hong Kong although not specifically RE related all the time.

http://www.alsosprachanalyst.com/

I’ve read some of the stuff you blog and it comes across as a bit dreary – reads more like regurgitated MSM content. I think you have to find some way to put a your own spin on it that peaks one interest. Off the top of my head much of your content is reported in various english blogs msm articles etc.

Another angle is something along the lines of this blog channel

http://www.macrobusiness.com.au/

They have some very interesting contributors who get under the hood and really get to the bottom of things across a range of economic subjects. You get some contributors along those lines and I think you’ll start to make some serious progress.

Note the comment was about the IMF (and their credibility) not you personally. I re read the article (in full) and found it difficult to follow who you were referencing at times.

Sorry Ziv I find this kind of blog a little tedious. There’s literally 1000’s of the things that add little to the discussion or enlighten us further. Just another blogger with news round ups.

You have to be more specific Xdrew. There is also deflationary pressure on the other side (assets) It also depends on which economy and what part of it your talking about about.

I don’t think there’s any real consensus (international analysts) as to whether we (globally and locally) will be hit by inflation, deflation, stagflation or hyperinflation. Food is notoriously volatile depending on supply and demand. The Indians go ballistic if there’s a shortage of onions or the price spikes. Food prices were supposedly the catalyst for the Arab Spring.

If anything I see the reaction to food prices as a barometer for how much pressure the general man in the street is under.

But here’s the opposite to food. I recently moved down to Mandurah from Port Hedland. We literally outfitted a house from scratch. What surprised me was the willingness of the major outlets to negotiate. I was able to easily get an additional 10 – 15% off of already discounted items. My guess is that this illustrates how stressed the retail side of the economy is and that if anything we’re seeing deflation in non consumables like household items.

****US economy heading (officially but it’s already there) into recession

****US economy heads towards fiscal cliff in coming months

****Europe worsening by the day, peripheral EU countries in a depression

****Libor scandal set to bring some banks down along with defaults in Europe

****Germany on rating watch

****China slowing faster than thought

****Australian unemployment rate under pressure as job growth falls

****Resources pricing down 30% this year and still falling

****BHP and RIO have already indicated that their expansion projects are under review.

****200 construction companies went bust in NSW in the past year

Given the current situation I would have to say that anyone who comes out and positively spins future property market conditions is either lieing, delusional, or being paid to spruik the market for self serving reasons.

The last 4 paras of that media release where straight from the realms of fantasy.

While your shed is insured under their “Home” policy collapse is not an insured event.

also under General Exclusions..

Earth movement

We will not cover you for loss, damage or liability caused by or arising
out of erosion, vibration, subsidence, landslip, landslide, mudslide,
collapse, shrinkage or any other earth movement.
But we will cover you for:
? explosion – insured event 2
? earthquake or tsunami – insured event 5
? bursting, leaking, discharging or overflowing of water or liquid – insured
event 7
? flood – insured event 12.

You should however be fully covered for damage to your neighbors property…

Legal liability cover

Home If Home or Fixtures and Fittings are shown on your Certificate of
Insurance, we will cover what you have to pay for your legal liability as a
result of an incident:
? at the home, and
? arising out of your ownership of the home
which causes death, bodily injury or damage to property.

If you have public liability cover they may pay out your neighbor if they have any claimable damage.

Another article….

China’s waning commodities appetite puts miners’ fortunes at risk

http://uk.reuters.com/article/2012/07/19/uk-china-commodities-gdp-idUKLNE86I01820120719?feedType=RSS&feedName=stocksAndSharesNews