central bankers ... global currency solution, page-30

thats it Dillinja

At sometime in the next 18 months will come a collapse that will dwarf 2008.

Personally I believe it will be in Jan-March after the Obama re election in Nov-Dec 2012 . I expect the DOW to test the 3-4000 range and the ASX to go below 2500

I dont kid myself though, timing is near impossible to predict . So it could happen next week we just dont know.

Australia in the mix of things is in very deep trouble. Thats contrary to almost everyone in the markets forecasts. When that happens I expect losses right across every equity market, some stocks will make a very quick recovery but most wont.

I expect NCM to go into the 20-25 range.

In meantime I will have fun shorting banks like ANZ and teasing bank investors about the ludicrous nature of their investment strategy. I will also buy physical precious metals on weakness like I have for the last 7 years.

I also buy USD when it gets oversold . My view is the USD made a cyclical top against the AUD at 1.09.

I have also been play with QAU the gold ETF on the ASX as its AUD-USD hedged and its added to the angles I can play.