Government need to let go and let it be.

Hi readers
10am Rhodes time

Well as you can see the government backs off the buying and the market plunges.
Yet the whole market isn't open either.
There are still thousands of stocks suspended from trading.
I had to make a call out to a friend I couldn't resist.
Get this for every 1 share to buy there are 8 to sell.
That's just from one broking house.
Other houses have a worse ratio 1 to 11
So just imagine when the market does open fully and is allowed to trade what will occur.
Money for jam!!!!
You still want to buy banks and property?
Be smart people cash is king

We have already seen what's happening in Australia where all of a sudden rates went up on investment loans!

What for?
Because the regulator recommend it!
Bullshit!!!
I didn't see the regulators comments taken seriously when the mortgage originators where loaning 95-97% of loans to the public or investors.
All the banks followed so they wouldn't loose business.

Google it for yourself.

Anyway closest out of my ASX200 positions on the close 5540
In the last hour will close out of the U.S. Indexes, not the close.

Got a fascinating email from an Australian reader.
Just asking permission to post it.
As it left me speechless.

Enjoy your day/night reader.