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RBA Reserve Bank Interest Rate Decision for November 2015?; Pressure is on the RBA to cut rates as commodity bloc sweats
Topic Started: 9 Oct 2015, 04:42 PM (6,319 Views)
stinkbug
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Ex BP Golly
3 Nov 2015, 08:02 AM
What with the trolls stating "angry much" or questioning people's anger?

Some new line you're all trying out.

Are you happy with it?
It's a standard response to bears getting angry and throwing insults because they have no argument. Pretty standard bear behaviour on this forum, it has to be said.
Loki
3 Nov 2015, 04:37 PM


December is on like Donkey Kong.
Given your previous assertion, perhaps you could link to some of these posts where I get "90% of rate calls wrong".
Edited by stinkbug, 3 Nov 2015, 07:46 PM.
---------------------------------------------------------------

While it's true that those who win never quit, and those who quit never win, those who never win and never quit are idiots.

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Loki
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stinkbug
3 Nov 2015, 07:45 PM
Given your previous assertion, perhaps you could link to some of these posts where I get "90% of rate calls wrong".
Why?

Do you think your track record is better than that?

stinkbug
3 Nov 2015, 07:45 PM
Given your previous assertion, perhaps you could link to some of these posts where I get "90% of rate calls wrong".
Something cool on Netflix, so let's whet your appetite a little.

Since December 2011, you have used the word "rates" in your posts 283 times. A lot of those were "depreciation rates" and other contexts which don't interest us here. Interestingly, the word AREPS appears 359 times in your posts. You really loved that joke!

So, to whet your appetite, and so I can get back to Netflix, let's start with this one.
Stinkbug
 

24 Apr 2013, 11:36 AM
No change. Data is still too middle of the road, no clear indicators either way, I think. We are still not feeling the full effects of last years cuts yet, and won`t for some months. They will want to wait until there are clear and obvious indicators either way.I think we will have rates at or around where we are now for several years to come.

Several years you say?
Quote:
 

Media Release
Number 2013-10
Date 7 May 2013
Embargo For Immediate Release
Statement by Glenn Stevens, Governor: Monetary Policy Decision

At its meeting today, the Board decided to lower the cash rate by 25 basis points to 2.75 per cent, effective 8 May 2013.


See you soon!
Edited by Loki, 3 Nov 2015, 09:01 PM.


“Talk sense to a fool and he calls you foolish.” - Euripides
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stinkbug
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Loki
3 Nov 2015, 08:14 PM
Why?

Do you think your track record is better than that?


Something cool on Netflix, so let's whet your appetite a little.

Since December 2011, you have used the word "rates" in your posts 283 times. A lot of those were "depreciation rates" and other contexts which don't interest us here. Interestingly, the word AREPS appears 359 times in your posts. You really loved that joke!

So, to whet your appetite, and so I can get back to Netflix, let's start with this one.


Several years you say?



See you soon!
So I've used the word "rates" 283 times and you found one example where I was wrong.

Kudos.

:lol :lol :lol
---------------------------------------------------------------

While it's true that those who win never quit, and those who quit never win, those who never win and never quit are idiots.

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Ex BP Golly
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stinkbug
3 Nov 2015, 09:12 PM
So I've used the word "rates" 283 times and you found one example where I was wrong.

Kudos.

:lol :lol :lol
He should look for your predictions about the next movements being to raise rates lol.
WHAT WOULD EDDIE DO? MAAAATE!
Share a cot with Milton?
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Loki
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stinkbug
3 Nov 2015, 09:12 PM
So I've used the word "rates" 283 times and you found one example where I was wrong.

Kudos.

:lol :lol :lol
No. I've found dozens. But it's tedious copy-pasting them all into the shitty editor here.

At any rate, your track record is 90% wrong direction, wrong time, calling the bottom just before they dropped again etc.

Here's another good one. You got this one 30% right. I was impressed.

Stinkbug
 

1 Jul 2014, 04:21 PM
No change this year, probably not until mid next year now. I still think the next move will be up rather than down.Right now we`re muddling along OK. The RBA won`t change the rate until something major happens.

Quote:
 

Media Release
Number 2015-01
Date 3 February 2015
Embargo For Immediate Release
Statement by Glenn Stevens, Governor: Monetary Policy Decision

At its meeting today, the Board decided to lower the cash rate by 25 basis points to 2.25 per cent, effective 4 February 2015.


I could go on, but we both know the truth. :ni:

Oh, and some more trivia: You have used the word Canberra 220 times in your posts. I thought it would be higher.
Edited by Loki, 3 Nov 2015, 10:32 PM.


“Talk sense to a fool and he calls you foolish.” - Euripides
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John F. Kennedy
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Obviously there are unlikely to be any further RBA rate cuts. This will be fairly bad for sentiment and will likely accelerate the collapse. Peter Martin is saying that, to boot, the banks will do another out of cycle rate rise later this month. As the RBA has made no negative comment about the previous episode, they are unlikely to complain about the next rises.

[looks like crashing silence from the usual suspects but the Rastus-Shadow war continues oblivious]
Edited by John F. Kennedy, 3 Nov 2015, 10:55 PM.
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stinkbug
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Ex BP Golly
3 Nov 2015, 10:24 PM
He should look for your predictions about the next movements being to raise rates lol.
That's what I thought at the time.

As smeone with a long history here of adding nothing and simply attacking others, it's rather hypocritical of you to even join in a thread like this.
Loki
3 Nov 2015, 10:30 PM
No. I've found dozens. But it's tedious copy-pasting them all into the shitty editor here.

So you found them, but won't post them. Um... ok.

Based on the heat in your posts here, I'm guessing you've tuned up your crystal ball recently? How's our crash coming along?
Edited by stinkbug, 4 Nov 2015, 06:40 AM.
---------------------------------------------------------------

While it's true that those who win never quit, and those who quit never win, those who never win and never quit are idiots.

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Rastus2
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John F. Kennedy
3 Nov 2015, 10:43 PM
Obviously there are unlikely to be any further RBA rate cuts. This will be fairly bad for sentiment and will likely accelerate the collapse. Peter Martin is saying that, to boot, the banks will do another out of cycle rate rise later this month. As the RBA has made no negative comment about the previous episode, they are unlikely to complain about the next rises.

[looks like crashing silence from the usual suspects but the Rastus-Shadow war continues oblivious]

I disagree.

The RBA was keen to try and show the tail can not wag the dog so their reluctance to let banks force their hand is understandable... none the less, another cut is quite likely if the economy does not show some strength before christmas... in particular as the remaining banks add themselves to the line of rate rises.

I am no fan of rates this low, or lower, however, in a suprise move, but the tail has a firm grip on the dog and is shaking it down and certainly not letting go.
Edited by Rastus2, 4 Nov 2015, 07:28 AM.
Shadow - Defrauded his Bank ? 2015 I have 9 different loans and my bank had no idea which ones were personal and which were investment. They had half of them classed incorrectly. When this change came in they asked me to tell them if any personal loans were incorrectly classed as investment, which I did, and they switched them to personal for the lower rate. They also had a couple of investment loans incorrectly classed as personal. They didn't ask me about those. So they stay on the lower rate too. Worked out pretty well. :)
Shadow - 2008 Sydney Median House Price 1.25M by 2014-2015

Shadow : I think this boom has already begun in several cities. My prediction :
Peak of boom: 2014-2015. Sydney Median Price: $1,250,000 Bottom of bust: 2017-2018. Sydney Median Price: $1,100,000

Shadow's Original 2010 House Boom and Crash prediction http://s836.photobucket.com/user/rastus22/media/shady-orig-2010-chart.png.html?sort=3&o=0

Shadow's attempt to edit his 2010 chart in 2015 and replace it with one that does not show a crash in 2013 http://s836.photobucket.com/user/rastus22/media/Screen%20Shot%202015-06-06%20at%207.12.52%20pm_1.png.html
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Jimbo
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Rastus2
4 Nov 2015, 07:27 AM
I disagree.

I agree with your disagree and my agreement is based on pure logic.

Rates go down when economies weaken or stagnate and they go up to prevent an economy overheating.

So as there are no overheating economies anywhere on the planet, we can safely rule out rate rises.

If rates can't go up, they can still go down or stand still.

It really is that simple.



Edited by Jimbo, 4 Nov 2015, 08:09 AM.
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.
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John F. Kennedy
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Rastus2
4 Nov 2015, 07:27 AM

I disagree.

The RBA was keen to try and show the tail can not wag the dog so their reluctance to let banks force their hand is understandable... none the less, another cut is quite likely if the economy does not show some strength before christmas... in particular as the remaining banks add themselves to the line of rate rises.

I am no fan of rates this low, or lower, however, in a suprise move, but the tail has a firm grip on the dog and is shaking it down and certainly not letting go.
As I thought, you have a homoerotic fixation on Shadow and can't let him go.
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