CCU 0.00% 5.8¢ cobar consolidated resources limited

good time to top up, page-10

  1. 2,709 Posts.
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    Gillard can do what she wants. Play too hard with peoples money and they will slap you.

    BTW Friday day of rage in Saudi should set the shite amongst the Sunni with the world shuddering about oil if Saudi gets mixed up. A few deaths in the streets and its game on. .Gold and silver will skyrocket..The USD wont cut it .

    http://www.telegraph.co.uk/finance/markets/8369427/Oil-markets-brace-for-Saudi-rage-as-global-spare-capacity-wears-thin.html

    What happens on the tiny island is being watched with alarm across the Gulf. The "demonstration effect" has already led to Shia protests in the Saudi oil region. Saudi police have released a Shia cleric arrested last week for demanding a constitutional monarchy.

    Yet the country's Wahabi clerics also warned against "sedition" and violations of Islamic law, while the interior ministry said all rallies were banned and warned that police would use "all measures to prevent any attempt to disrupt public order."

    The threats aim to quash a "Day or Rage" planned by cyber-protesters for Friday, allegedy swollen to 17,000. A similar event in Syria was nipped in the bud by secret police.

    The world's economic fate now hangs on the success of Wahabi repression. Any sign that the Saudis are losing their grip risks an oil shock large enough to derail the global recovery.

    Nobody knows where the "inflexion point" is. Bank of America says we are already in the danger zone since energy costs as a share of global GDP have reached 8.5pc, near historic peaks.

    So do you sell out and suffer inflation with stagnation,Buy Govt bonds, Freeze and not move? Buy $AUS (you have them already) ,$USD , Precious metals? Or freeze dried food and a rifle.
 
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