But you told us it was like candy from a baby and that only incompetent traders hold on to losing trades?
Post a link to where I said that "only incompetent traders hang onto losing trades".
What exactly is the point of you Dolly?
You don't post insight, you don't predict, you don't analyse.
You are the fat kid shouting from the sidelines at the other kids who can run and play footy.
I play footy, you get fat on drip fed Maccas and occasionally remove your oxygen mask to shout at me for dropping the ball in a field of play which you will never be a part of.
You sad little Tommy Tucker.
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.
Some builders are very cautious about buying any Chinese bolts... regardless of claimed Grade marking
The major Australian Importers and Distributors of fasteners in Australia all source from China (James Glen, Exafast, Hobson Engineering, Brighton Best, Bremick, Hilti, Powers, Ramset etc etc). Global leaders such as Bossard still manufacture the majority of their fasteners in China.
If these builders are not buying from the established supply chain I wonder who they are buying from?
Jimbo
24 Oct 2016, 10:37 AM
I am not sweating over a theoretical paper 10k loss Dolly. Where have I ever said that I was sweating?
I am intrigued as to how your paper loss is a theoretical $10k. Your declared trades are:
1) $100,000 of GBP purchased at $1.91 currently fetching $1.60 (a 16.2% decline) 2) A significant amount of Barratt Developments purchased at around GBP5.72 currently fetching GBP4.489 (down 16.3% in GBP terms and 35% in A$ terms) 3) UK Corporate Bonds 4) An undisclosed stake in your brothers mystery Building Supplies Buying Group
Quote:
Even if the Pound went to zero and I lost the whole $100k, I would still be hugely up on where I was when I sold in 2014 at the Perth property price peak.
You claimed to have made $160,000 on the US$ trade. If you lost the whole $100,000 you have $60,000 less 18 months of rent (around $40k). Not sure who considers $20k a huge gain on a $1m alleged investment over 2.5 years, but good for you at any rate.
You claimed to have made $160,000 on the US$ trade. If you lost the whole $100,000 you have $60,000 less 18 months of rent (around $40k). Not sure who considers $20k a huge gain on a $1m alleged investment over 2.5 years, but good for you at any rate.
Link?
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.
What are the bolts you guys are referring to actually used for in a build?
It was a galvanised structure. Drawings from memory were for no welds except for for RSJ's to floor plates
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.
Sorry I gave you credit you didn't deserve. Your claimed profit was $120k. Naturally as every week goes by that profit is insufficient for you to come out ahead so you just keep moving the line around to suit yourself. Kind of like your claim to be $10,000 down in Paper losses on the Pound against the weight of your upfront claims.
Post a link to where I said that "only incompetent traders hang onto losing trades".
What exactly is the point of you Dolly?
You don't post insight, you don't predict, you don't analyse.
You are the fat kid shouting from the sidelines at the other kids who can run and play footy.
I play footy, you get fat on drip fed Maccas and occasionally remove your oxygen mask to shout at me for dropping the ball in a field of play which you will never be a part of.
You sad little Tommy Tucker.
I certainly predicted Brexit would go through.
You were just clueless and had to scramble making up bullshit to cover your failure. Next time feel free to listen to me.
Matthew
24 Oct 2016, 05:33 PM
Sorry I gave you credit you didn't deserve. Your claimed profit was $120k. Naturally as every week goes by that profit is insufficient for you to come out ahead so you just keep moving the line around to suit yourself. Kind of like your claim to be $10,000 down in Paper losses on the Pound against the weight of your upfront claims.
When the Zero Hedge yanks talk about economic collapse, they imagine a world with dugouts, booby traps, buried rations and shotguns. A Zombie apocalypse if you like. They imagine it will happen over the course of a weekend.
The reality is, that in time, we will end up living the life of the average Chinaman.
Working 70 hours a week for minimum wages which are just about enough to buy sufficient calories to keep us going for the next 70 hour minimum wage week.
It won't happen overnight either. It will be a slow process where our standard of living is eroded year by year until we tell our grandkids 30 years from now about how much better things were in the old days.
Indeed. And the collaborators think they are preparing for this by becoming landlords.
Little Dukes of Buckinghamshire.
Speak when you are angry and you will make the best speech you will ever regret. Ambrose Bierce
It should be pretty easy to find as it would correspond with an internet meltdown as people clamoured to read the first ever intelligible text from a single celled organism.
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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