BML 5.81% 8.1¢ boab metals limited

Nonsense.Inflation is trending down after hitting peaks in most...

  1. 2,322 Posts.
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    Nonsense.

    Inflation is trending down after hitting peaks in most economies. Its hardly through the roof. https://www.statista.com/statistics/1034154/monthly-inflation-rates-developed-emerging-countries/

    Opec have had to cut 4 times to maintain price because demand doesn't outstrip supply and in particular because the US are at ATH production. Oil is at a 40% discount to Mar '22. The 2nd largest economy China has slipped back into deflation - demand issue!!

    House prices in OZ are a function of supply demand where the latter is a function of migration. Between now and 2030 we will add 4 million people (https://www.abs.gov.au/statistics/people/population). Its nothing to do with some crazy conspiracy theory about "tricking" people to not buy PMs. LOL

    Stick to the facts.

    https://hotcopper.com.au/data/attachments/5751/5751017-e54f5df28f53e36bc4de3d004d35a519.jpg

    Last edited by JoeSalami: 20/11/23
 
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