UMC 0.00% $1.30 united minerals corporation nl

Try this RICH08From Focus 1994"Although some might liken it to a...

  1. 306 Posts.
    Try this RICH08

    From Focus 1994

    "Although some might liken it to a roulette wheel, it could more accurately be called a money clock. Based on a London Evening Standard study of trade cycles covering 150 years, the clock shows patterns of economic activity that occur in chronological order every six to eight years or so. Unfortunately for investors the clock does not come with an alarm. They can never be certain they are buying or selling too late or too early or at the optimum time.

    Try visualizing a clock with 12 pie pieces okay.

    TOP OF THE BOOM

    1. Rising interest rates
    2. Falling share prices
    3. Falling commodity prices
    4. Falling overseas reserves
    5. Tighter money
    6. Falling Real estate values

    DEPTH OF RECESSION

    7. Falling interest rates
    8. Rising share prices
    9. Rising commodity prices
    10. rising overseas reserves
    11. easier money
    12. rising real estate values

    So make your own judgements on this. This is a piece from a local paper from Feb. 1994. as always DYOR
 
watchlist Created with Sketch. Add UMC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.