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Do you have any evidence of the foreign cash theory. I'm not...

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HarajukuIsland

3,140 Posts.

16/07/15

22:59

Post #: 15648185
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Originally posted by V8 ↑

Oddly no top in sight imo!!!

My lead indicators see a VERY strong upward move for the next 9 months.

There is an absolute torrent of foreign cash flooding in, almost like pre GFC levels

I dont understand it myself, this despite our currency falling along with hard commodity prices.

I think its going to stocks or agriculture given beef has doubled since free trade agreement with china. Even wool is looking very strong.

Anywhich way, it might not get there in direct fashion but it will significantly impact the stock market.

Maybe were going to see an agricultural renaissance. I can say that industry has been in major decline for a quarter of a century. We have lost 25% of our farmers in the last 10 years Those that remain are ready to retire.

Dont pay too much attention to me everyone gets a hot hand from time to time, it never lasts.

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Do you have any evidence of the foreign cash theory. I'm not disputing it, I thought the same when we hit 6000. Just wanted to know if it is more than just a gut feeling.

XJO Value at posting: 5,669.6
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