While the Move in currencies has happened pretty much according to the expectations, the moves in stock market also happened the way one would expect ( considering currency movements, so this time correlation worked fine). Still to our taste, not everything has come in the right place for adding to our position in the market. Just as well, we do not like to chase the market and will not start. We will buy or sell when we are ready.
Unfortunately, our leadership is at it again, they are ready to destroy your purchasing power, especially if you are a senior and have no current income. That is the way it is. This is what they call "economic stimulation", which is essentially a scare , that unless you spend the money, they will make it worthless for you. Great. And they need PHD's for this?
Unfortunately, our leadership is at it again, they are ready to destroy your purchasing power, especially if you are a senior and have no current income. That is the way it is. This is what they call "economic stimulation", which is essentially a scare , that unless you spend the money, they will make it worthless for you. Great. And they need PHD's for this?
12 comments:
Boris
The YBR will give us a buying opportunity, patiently waiting for the next one.
old john
Dear John,
Buy's happen all the time.
In fact, maybe this one will correct, because the rally came unprepared and therefore may have to come a bit back and (re)base again.
Thanks Dear John.
Good Trading
Boris,
Yes, buys do happen all the time. Snowy and cold here. I do remember the YBR and jan- feb area so I will be patient and if I have to wait until then, so be it.
old john
Dear Boris
It has been a long time since I have written to you! I have followed your previous advice and sold investment real estate at what has turned to be close to peak of local market influenced by buyers due to mining boom! Now mines are besginning to sack workers. Despite the deflation at present do you still expect hyper inflation later 2012-2014?. I have been accumulating gold and silver coin in $A prices (near record). Does your subcription service advise on $A and energy?
Precedent for todays rate cut in US ?
Japan had reduced its rate to 0-1/4% back in Late Sept '98. The Nikkei moved up 62% in the next 18 months.
Dear OzJohn,
I remember you.
you post one of the reasons I became very negative about real estate in general and Australian Dollar in Partticular.
Even though I already was negative About Australian Dollar.
Thank you Dear OzJohn
Yes Energy is big part of our predictin realm.
THank You Dear OzJohn and Good Trading to you and COngrats for having courage to do what you had to do.
Yes, we can and will guide you into next turn of the energy. If you wish to.
Dear KB
You are correct, Absoutely correct about the precedent
And you were right , along with us calling the likelyhood of bottom high after Novermber.
Congrats Dear KB
Good Trading My Dear Friend
Hi Boris,
I was just at my local goid dealer. I was chating with the teller: they have orders for silver since September still not filled, because they can't get any. They don't have any to sell. Their supplier in the states stopped production because there isn't as much of a demand due to digital photography now, the old film used silver...
sounds like bull to me.
so they've been out of stock since august...
I'm holding my silver, even if it hadn't gone up.
I asked abould gold, they told me their supply has recently been better ;-) so I helped their supply a bit more.
Dear Hopper,
Thanks and Congrats.
The story is consistent whith our outlook going forward. SILVER outperforms GOLD!
Thank you so much for keeping us updated with your experience in the field
GOod Trading
Market is correcting yesterday's gains. So, far this is fine.
Good Trading
Boris,
Good morning- 5 inches of snow this morning. Out to do the cleaning. The Snow Gods are trying to get as much energy from me as possible before I leave.
old john
Dear John,
YOu are right.
SNOW GODS, can they relent for once?
No, they must take all you have got(:-
Dear John, GOod Trading to you my Dear Friend
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