(Fitza)What do you think !!!!!!(Goldmans have revised their 12 month target downwards - now predicting 85 cents and a twenty per cent chance of Australia going into recession).
I believe that the recession is on its way. Hence quite a few postings ago I opinionised[new word] that the dollar would to go down to 78 Cents and possibly 60 Cents.
Just think for a moment ?! we may be headed for a recession and Goldmans is saying that the Aus dollar is only going down to 85cents -- I say where in the hell do they get their expertise and I feel sorry for the people that somehow are paying for it.
The only hesitancy for me not to cite the 60 cents target is Japanese manipulation and the dire Eur-ozone that got sucked into buying the palmed off derivatives from the States.
I do not forget the LONDON Office of LEHMAN Bros being stripped of the cash for the office CLEANERS so that the So and SO's in the New York offices could could get their bonuses.
I also see the ASX has gone to borrowing mode to to make acquisitions. Is this to buy the Junior Mining Cos.
What do you reckon the price of a litre of petrol will be in the next 6 months.
Well have a happy night. The JORDAN game is on.
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