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Thursday, June 4, 2015

OECD COMMENTS after euro explodes 2 days before. Got to love it

Hi readers

Emails are asking questions so here are some answers which some individuals won't approve of but its the facts.
Australian ASX is continuing to be liquidated by overseas funds.
While many believe the market is a transparent markets it's not.
Overseas have been liquidating portfolios and locals are not stepping up to take the slack.
Have the fundementals changed that much in a fortnight to freak out superfund managers.
If they where that eager to buy the market at the 5750-5800 area now is a bargin at the 5500 area.
So come to terms with reality markets around the world are not a level playing field.
That's why you have to be smart and understand the market your in.
The Australia economy has been living on credit for the last 4 years and time is running out.
Time has come to live within your means.

The OECD is lowering growth around the world and is now asking the fed not to raise rates?
Really it's the world that weak...LOL You now realise it ....
The U.S. needs to raise rates to reload for the next Stockmarket shake up.

Just so your all aware , none of the real reforms went through from Subprime collapse.
The investment banks are up to there eyeball in it again .
The only thing that changed for the public eyes was that they got out of there own hedgefunds.

To the property believers, the only reason property hasnt collapsed yet is in China a house on a 600square block near the city could fetch for around $10 million, so to buy land and a huge house near the city under $5 million is a bargain in Australia . But that's now about to end with the new government restriction coming in on Chinese lenders, money is no longer for free, for these activities

As for gold , I am not a believer of the gold story at all, it's just to park your money when there is inflation... At the present time there is the potential of deflation. So it's a dead commodity.
Your life doesn't depend on it like grains.
I had a look at the supply and demand levels and there at record highs.
There is way too much of it and sales of it are coming down, yet supply is just pumping out.
I haven't changed my view gold over $1000 is extremely expensive.


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