Thanks skol, I have had a few red wines but your post really...

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Iwonder

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07/02/15

18:18

Post #: 14715496
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Originally posted by Skol ↑

Hi Andy,
Sounds like you're a bit irked about the recent plunge in the gold price, that's not surprising though, it's all a conspiracy according to you. That's #2 in the 12 golden rules of goldbuggery.

Actually though, it's all going quite well, it may be a surprise but it's true, a businessman with your tried and true experience would have to acknowledge that, surely. Russia might be on the future list of failed states if the oil price stagnates, Venezuela's already there.

Maybe not so much in Oz, which has a higher % on welfare than the USA, but the Oz economy is more concentrated around commodities which are in the doldrums right now, except gold, but that's about to change. Oz property (although I don't live there) is probably on a tear like everywhere else due to immigration, Oz REITs are a go, liquid too, unlike that solid, very heavy stuff you've got stashed away underground awaiting judgement day.

Fracking is a technology that can be applied anywhere, so the Arabs might be selling their 747's and getting used to tents and camels again, maybe next time I visit London they won't be parking their Rollers outside the pub and acting as if they own the entire world.

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Thanks skol, I have had a few red wines but your post really made me laugh. I mean in a good way; may the Arabs be the new Nauru in the near future..too much money for so little effort makes one too arrogant.
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Thanks skol, I have had a few red wines but your post really...

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