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28/11/14
15:22
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Originally posted by Skol
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Actually I'm not a sheep farmer, another fallacy, but lower oil prices are a bonus for all western countries, farmers and airlines especially. Vlad might be looking at a firing squad if he's not careful though, dictators tend not to have a long life expectancy.
Gold's already started the next leg down, 1182.
Lehmans? Well, ancient history, but some 'very clever' university graduates who got it completely wrong, anyone who read the FT knew that one was coming.
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I don't think gold will get too thrashed, well, not until Monday when the 'NO' vote wins the Swiss referendum. Until then, not too many shorts will want to take on the risk, despite knowing it will fail.
Fact: NZ sheep farmers love reading the FT.