Greece can default as its affordable
the big issue is whether Spain will default
If this happens then it will certainly be a world issue
However as Australia is part of the Asia India equation we will get hit but no where near the devistation that the US and the EU will experience
I saw an interesting graph that showed QE1 and the rebound in stocks, then down it went, then QE2 and a rebound in stocks, then down she went.
NOW US brings on QE3 or call it something else that the spin doctors come up with and the stocks will rebound.
then GET OUT of the market and into gold as the S.... is really going to hit the fan.
there will be one more rally to get into and then get out
Greece can default as its affordablethe big issue is whether...
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Last
$7.14 |
Change
-0.200(2.72%) |
Mkt cap ! $6.673B | |||
| Open | High | Low | Value | Volume |
| $7.34 | $7.34 | $7.13 | $39.28M | 5.467M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1546 | $7.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.15 | 72361 | 6 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |