All the eggs in China's basket
Apr 15th 2013, 4:17 am
#1
Lost in BE Cyberspace
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All the eggs in China's basket
http://www.smh.com.au/business/china...415-2huzd.html
So ... A little announcement from the Chinese and all hell breaks loose in Oz.
So ... A little announcement from the Chinese and all hell breaks loose in Oz.
Apr 15th 2013, 6:27 am
#2
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Re: All the eggs in China's basket
http://www.smh.com.au/business/china...415-2huzd.html
So ... A little announcement from the Chinese and all hell breaks loose in Oz.
So ... A little announcement from the Chinese and all hell breaks loose in Oz.
Hardly the end of the world. There have been worse numbers out of China recently
Apr 15th 2013, 8:24 am
#3
Lost in BE Cyberspace
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Re: All the eggs in China's basket
Apr 15th 2013, 8:39 am
#4
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Apr 15th 2013, 1:36 pm
#6
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Apr 16th 2013, 12:29 am
#7
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Location: Ilukapool. WA
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Re: All the eggs in China's basket
Today will be a bad one on the Aussie markets.
Yesterday I had my face torn off and then my arse was handed to me. Worst day ever in my investing life, lost thousands...
Ho hum, easy come, easy go.
Yesterday I had my face torn off and then my arse was handed to me. Worst day ever in my investing life, lost thousands...
Ho hum, easy come, easy go.
Apr 16th 2013, 12:31 am
#8
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Re: All the eggs in China's basket
At least they didn't tear your arse off and hand your face to you. Always look on the bright side.
Apr 16th 2013, 12:37 am
#9
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Location: Ilukapool. WA
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Re: All the eggs in China's basket
...the bright side is gold and silver are cheap and it's pandemonium at the Perth Mint who are running out of certain types of silver. Everyone is buying.
Apr 16th 2013, 12:38 am
#10
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Posts: 3,300
Re: All the eggs in China's basket
I read about the panic selling of gold this morning somewhere or other. Markets are too volatile at the moment for me. I'm no Rothschild....
Apr 16th 2013, 12:47 am
#11
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Re: All the eggs in China's basket
99% of the gold traded is paper gold, claims on actual gold that can never be realised.
I've heard lots of anecdotes that it's getting harder and harder to get physical and dealers are either not selling or selling at way over spot value.
Maguire - There Is Absolutely No Physical Gold For Sale
http://kingworldnews.com/kingworldne..._For_Sale.html
What's going on at the moment in precious metals is astounding.
Apr 16th 2013, 12:49 am
#12
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Posts: 3,300
Re: All the eggs in China's basket
Don't forget, for every seller there's a buyer. Recently non western central banks like China have been hoovering up all the physical gold at cheap prices as well as the entirety of their local production, and they are the biggest gold producers in the world.
99% of the gold traded is paper gold, claims on actual gold that can never be realised.
I've heard lots of anecdotes that it's getting harder and harder to get physical and dealers are either not selling or selling at way over spot value.
Maguire - There Is Absolutely No Physical Gold For Sale
http://kingworldnews.com/kingworldne..._For_Sale.html
What's going on at the moment in precious metals is astounding.
99% of the gold traded is paper gold, claims on actual gold that can never be realised.
I've heard lots of anecdotes that it's getting harder and harder to get physical and dealers are either not selling or selling at way over spot value.
Maguire - There Is Absolutely No Physical Gold For Sale
http://kingworldnews.com/kingworldne..._For_Sale.html
What's going on at the moment in precious metals is astounding.
Apr 16th 2013, 1:33 am
#13
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Re: All the eggs in China's basket
Market down today but I reckon more to do with events in Boston (taking lead from Wall Street)
Precious metals are just commodities. Prices rise and fall all the time. Nothing is certain.
Precious metals are just commodities. Prices rise and fall all the time. Nothing is certain.
Apr 16th 2013, 3:13 am
#14
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Re: All the eggs in China's basket
But I thought that gold was a safe haven? Especially relevant in these troubled times? A sure bet? Cannot go wrong with gold!
What a load of bollocks. Gold is still way above historic levels yet according to the 'experts' it's now the end of the world
Tossers
What a load of bollocks. Gold is still way above historic levels yet according to the 'experts' it's now the end of the world
Tossers
Apr 16th 2013, 3:44 am
#15
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Re: All the eggs in China's basket
i cant get onto the perth mint bullion buying website for love nor money