The language being thrown around by Fairfax and others is becoming more and more pessimistic. During downturns like 2008 and 2011 they have sat on the fence but this is changing.
They appear to be having serious bet hedging, almost as though they can see a serious risk of a collapse but are still towing the line as much as possible to retain the major advertisers.
Maybe the bulls are capitulating?????
Where's Shadow aka 'the barometer'
The more bullish he becomes the more I believe in a collapse.
Only the uneducated can't see how this ends, just like everywhere in the western world. Vested interest were telling them how good things were, how strong the economy was and that house prices were not in a bubble and will not collapse, right before they collapsed.
When people tried to warm them, the vested interests coined the term doom and gloomers. In an attempt to paint the picture of a bunch of loonies speaking shit. We know who was speaking the shit now, and who the lookies and or liars were, or the dopes, you decide.
They said it could not happen, and has not happened before and will not happen.That was there argument..... Even though it was all explained clearly.
When people tried to warn them, the vested interests coined the term doom and gloomers. In an attempt to paint the picture of a bunch of loonies speaking shit. We know who was speaking the shit now, and who the lookies and or liars were, or the dopes, you decide.
I wonder sometimes if some of the extreme doom and gloom sites are in fact fabrications?
If you look at Mike Snyders site, theeconomiccollapseblog, all you see in the comments is quotes from revelations and the sidebar is full of ads for dried food that keeps for 20 years, ammo, survival books and gold.
So anyone who is questioning the current paradigm/scam, is Google led to one of these extreme sites and thinks "nutters".
Basically, if you don't accept how things are now, you are a loon. If you tell someone you own a bit of gold, you might as well tell them that the rapture is coming next week as well.
Matthew, 30 Jan 2016, 09:21 AM Your simplistic view is so flawed it is not worth debating. The current oversupply will be swallowed in 12 months. By the time dumb shits like you realise this prices will already be rising.
I wonder sometimes if some of the extreme doom and gloom sites are in fact fabrications?
If you look at Mike Snyders site, theeconomiccollapseblog, all you see in the comments is quotes from revelations and the sidebar is full of ads for dried food that keeps for 20 years, ammo, survival books and gold.
So anyone who is questioning the current paradigm/scam, is Google led to one of these extreme sites and thinks "nutters".
Basically, if you don't accept how things are now, you are a loon. If you tell someone you own a bit of gold, you might as well tell them that the rapture is coming next week as well.
I think that also goes for some of the extreme characters in here, moops comes to mind.
All the original. 'Bears' on this site appeared to be unstable, uninformed lunatics with extreme narrow minded views. It appeared as though someone had gone to great lengths to portray 'bears' in a certain light by posting under several different names and spewing ignorant white trash style 'bear' hatred.
Or that's how it seemed anyway when I first started posting.
I think that also goes for some of the extreme characters in here, moops comes to mind.
All the original. 'Bears' on this site appeared to be unstable, uninformed lunatics with extreme narrow minded views. It appeared as though someone had gone to great lengths to portray 'bears' in a certain light by posting under several different names and spewing ignorant white trash style 'bear' hatred.
Or that's how it seemed anyway when I first started posting.
Anyone can invent an opposite view personality and then argue with it. The opposite view is extreme and flawed and gets ripped to shreds.
That is why you shouldn't take advice from a web forum without a huge pinch of salt.
Matthew, 30 Jan 2016, 09:21 AM Your simplistic view is so flawed it is not worth debating. The current oversupply will be swallowed in 12 months. By the time dumb shits like you realise this prices will already be rising.
If you tell someone you own a bit of gold, you might as well tell them that the rapture is coming next week as well.
Agree. Most people believe that if you have gold that you cant wear you're a loon.
Having said that, my grandmother left Germanic Europe between the world wars. Her saying was "you can always buy an egg with a diamond". It's true, there will always be someone who will accept a shiny trinket as payment - the shiny-er the better!
How much gold/diamonds etc can you can conceal on, or in your person?
Agree. Most people believe that if you have gold that you cant wear you're a loon.
Having said that, my grandmother left Germanic Europe between the world wars. Her saying was "you can always buy an egg with a diamond". It's true, there will always be someone who will accept a shiny trinket as payment - the shiny-er the better!
How much gold/diamonds etc can you can conceal on, or in your person?
Good point - too much gold and it weighs you down and draws attention from the wrong people, and no gold shiny trinkets and you can't buy an egg when you need one.
There is an optimum quantity that everyone should own, but luckily they don't otherwise they wouldn't want to acquire any more.
Any expressed market opinion is my own and is not to be taken as financial advice
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