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14/08/19
23:18
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Originally posted by albatrosss
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You are joking. What tricks. All but done.
like the magician leaving the stage and disappearing behind the curtain.
thats all folks.
its not all their fault. This is the way it is.
you cannot raise rates because of the huge debt burden both govt/ personal.
and you kick the can down the road for a while , full knowing that you will have to lower and lower rates so that you can keep kicking the can a little longer.
but you will reach a point when the can stops.
they tried hard to convince everybody that the US economy is going great.
but the reality is that its not true no matter what good figures they throw in front of people. Behind the scenes its not too good.
thats why central banks are loading up on gold and have been for a while.
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I agree mate,
In the current economic climate, everyone has to grow out of debt, I guess it's the same as kicking the can down the road,
Jb hi fi surprised me, I honestly thought that the results would have been mediocre,
In my opinion, I think gold, nickel and copper is the place to be,
In a crap market gold pays dividends,
I'll be looking at offloading a couple of my oilers and buy them back maybe cheaper down the track,
Gold is the way to go,
All the best,