It's just commie 5, 10, 25 year centralised planning. Nothing new.
Didn't work for the Ruskies and it certainly won't work for the Chinks.
Central planning bankrupted Krushev and they never recovered and stagnated since the 60s after an initial growth spurt and GDP explosion.
The Chinese are already 28 trillion in debt and mark my words they will be bankrupt and beg for a bailout from IMF in the next decade.
It's all part of the Zionist plot to introduce SDR. The joose financed China and they will bankrupt China.
I spent quite some time investigating this world view and it really amounts to yet another blame and hatemongering game. Sure there are people playing games with the banking system and big corporations but they are not defined by a religion.
At the end of the day it is actually to everyone's benefit that China and the rest of the third world emerge from poverty. People who cannot see this are either brainwashed plebs or seriously fearful elitists like the anti population mobs.
You have created a theory that the world is headed for disaster and all your understanding of the world has been force fed into this model for the future. There are always people who do this to themselves and it is not good for you.
Even when bad things do happen oftentimes good things can emerge from this so to have a totally negative world view makes no logical sense. Have you seriously ever met a sane happy person who will join you in your doom and glooming?
createdby
21 Apr 2016, 11:47 PM
FUNDAMENTALS? A COMMAND ECONOMY DOESN'T HAVE FUNDAMENTALS.
THE FUNDAMENTAL IS WHATEVER THE CENTRAL PLANNING COMMITTEE DEEMS THE PRODUCTION TARGET TO BE.
GET THE F*** OUT OF THIS FREE CAPITALIST SOCIETY AND MOVE TO CHINA IF YOU DON'T KNOW WHAT ECONOMIC FUNDAMENTALS ARE.
Your shock is showing - you just cannot believe what is happening. From here on in you will grow more bitter by the day.
Definition of a doom and gloomer from 1993 The last camp is made up of the doom-and-gloomers. Their slogan is "it's the end of the world as we know it". Right now they are convinced that debt is the evil responsible for all our economic woes and must be eliminated at all cost. Many doom-and-gloomers believe that unprecedented debt levels mean that we are on the precipice of a worse crisis than the Great Depression. The doom-and-gloomers hang on the latest series of negative economic data.
Bullshit, you are squirming yet again... unlike yourself, I watched the hole being dug, you were the one digging it
Here is how we got to this point...
Poontang asked why you considered gold could not to rise to new highs as some shares did.
You posted
Gold has long bear cycles. It could surprise us, I just think it's more of a long shot.
I pointed out iron ore, like gold has had a long bear cycle...
You then claimed.
Iron ore hasn't been a spot market long enough to make that call.
I posted, the price of iron ore, as shown on a chart, clearly had a bear market..
You then claimed
How does a bear "market" happen in a commodity which isn't freely traded?
Why don't you stop squirming and explain just what you mean when you claim iron ore has not had a bear cycle.... all i see is denial from you.
Gold and iron ore have been traded throuh periods of both bull and bear markets... you are an idiot if you are not aware of this basic fact.
If the futures market was always right, money would be pretty easy to make... they are a reflection of perceptions today for the future... watch them move around.
There are many analyists predicting higher IO prices... they may be right.. many of them predicted recovery of prices all the way down also so take their predictions with a grain of salt.
Btw... it is a tablet, not a phone, and auto correct does not fix touch screen problems... thanks anyway.
Do you use chrome?
Whenever you have an argument with someone, there comes a moment where you must ask yourself, whatever your political persuasion, 'am I the Nazi?'
You have created a theory that the world is headed for disaster and all your understanding of the world has been force fed into this model for the future.
The world would be fine. China won't.
I'm sorry Skamy (or is it Sung?) that your sensibilities are offended whenever I get doomy about China. You and Trollie (is it Tang?) and Matthew (Ming?) are Chinese and I know Chinese are sensitive people easily offended. But us Westerners tell it like it is and if that offends you, f u ck off then.
I'm sorry Skamy (or is it Sung?) that your sensibilities are offended whenever I get doomy about China. You and Trollie (is it Tang?) and Matthew (Ming?) are Chinese and I know Chinese are sensitive people easily offended. But us Westerners tell it like it is and if that offends you, f u ck off then.
You are losing it- do you really want to be regarded like Terry with his paranoia on constant display?
Definition of a doom and gloomer from 1993 The last camp is made up of the doom-and-gloomers. Their slogan is "it's the end of the world as we know it". Right now they are convinced that debt is the evil responsible for all our economic woes and must be eliminated at all cost. Many doom-and-gloomers believe that unprecedented debt levels mean that we are on the precipice of a worse crisis than the Great Depression. The doom-and-gloomers hang on the latest series of negative economic data.
I'm sorry Skamy (or is it Sung?) that your sensibilities are offended whenever I get doomy about China. You and Trollie (is it Tang?) and Matthew (Ming?) are Chinese and I know Chinese are sensitive people easily offended. But us Westerners tell it like it is and if that offends you, f u ck off then.
I am not Chinese.
Keep your rednecked racism for your backyard rants idiot.
My only hope for my three boys is that they turn out nothing at all like Chris.
Just how much do I need to dumb it down for you. You let me know ok.
How about you get each of those 3 or 4 posts, and to to twist/mash them together to make a coherent explanation as to why you feel Iron Ore has never experienced a protracted bear market.... that should be dumb enough for us all to understand.
Don't forget to google bear market before you try this time.
newjez
22 Apr 2016, 12:37 PM
Do you use chrome?
yup, do you know of a feature that fixes samsung screen issues which Chrome has as an addon ?
I've pulled the tablet apart, found the cable that is responsible for the screen and it seems to be a socket issue (I am not alone with this bug).... calibration apps fix it briefly, but the problem returns.. Putting it into developer mode shows where the random extra touches appear as flashes on the screen...
Sometimes we all buy lemons ... will have to go back to the Ipad next time I buy.
Goldman Sachs Group has one piece of advice after this year's dramatic iron ore rally: go short.
"We think this market will go back to $US35 during the fourth quarter," analyst Christian Lelong said in an interview. That's 50 per cent below Thursday's close of $US70.46 a dry metric ton, the highest level since January 2015. "Our expectation is the oversupply in the iron ore market will return."
Iron ore has surged in 2016 in sharp contrast to the previous three years, when a slowing Chinese economy hurt prices and too much supply chased too little demand. This year, policy makers in China have talked up growth and added stimulus, presiding over a revival in the property market that's boosted the outlook for steel consumption. Still, burgeoning supply and stalling demand growth may once again drag prices down, according to Goldman.
"Going into the second half of the year, what are you going to need to absorb all that iron ore supply?" New York-based Lelong said by phone from London on Thursday. "It's going to be very hard to have strong enough demand growth in the Chinese steel sector to keep things in balance." Steel rally
Ore with 62 per cent content delivered to Qingdao jumped 8.8 per cent on Thursday, according to Metal Bulletin Ltd. data, as steel prices in China extended gains. Since bottoming at $US38.30 in December, iron ore has rebounded 84 per cent, surprising many analysts that had forecast further losses in 2016 as low-cost supply increases.
China's economy gathered pace in March as a surge in new credit helped the property sector to rebound, with housing values in first-tier cities soaring. Steel mills in China, which make about half the world's supply, boosted production to a record last month as higher product prices improved their margins, reversing a squeeze from last year.
"When we look at the profitability of steel mills, we've gone from multi-year lows late last year to a multi-year high in the last couple of weeks. It's a huge swing," Mr Lelong said. "The margins are so attractive that you can afford to pay higher and higher prices for your raw materials. That means iron ore is now well above the" cost curve, he said. 'Come back down'
Even miners have said they expect prices to retreat, citing prospects for more supply. BHP Billiton's Mike Henry, president operations, minerals Australia, told Bloomberg Television on Thursday more low-cost production is coming and that "we'll see prices come back down again". Rio Tinto Group's Sam Walsh said last week prices "may well soften in the second half".
Goldman's view tallies with the outlook from Citigroup, which says the market faces increasingly severe oversupply. Gains in production, including from miners that restarted output after this year's rally, coupled with likely losses in steel prices, will combine to hurt iron ore, Citigroup said this month.
More production is on the way from the world's two largest shippers. Cargoes from Australia may rise 10 per cent to 846 million tons this year as billionaire Gina Rinehart's Roy Hill venture ramps up, the country's Department of Industry, Innovation & Science has estimated. Brazilian exports will gain about 7 per cent to 393 million tons, it said.
There are some people who seem angry and continuously look for conflict. Walk away, the battle they are fighting isn't with you, it's with themselves.
The first lesson of economics is scarcity: There is not enough of anything to satisfy all who want it. The first lesson of politics is to disregard the first lesson of economics. ~ Thomas Sowell.
Who was the fool, who the wise man, who the beggar or the Emperor? Whether rich or poor, all are equal in death.
Yes, its a clear opportunity for the risk takers. The suburbanites are all eager for "thing to get back to normal" in the mining industry, even though the media has told them not to fear as it's all about tourism and education now. Don't be a FIFO, be a student landlord, an Air BnB business, or a language teacher.
I am a complete moron. But I crave love and attention on APF because in the real world I am as popular as Bill Shorten but with less personality. I chose a dog as my avatar because I want you all to think that I am loyal and wise but really I stink, have fleas and drag my arse on the carpet after I shit.
There you go Terry, I fixed it for you.
My only hope for my three boys is that they turn out nothing at all like Chris.
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