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Buffet must be reading my SS posts!

my gold hugging mates were always talking about tulips and property etc and hence they were all into gold. with the 20/20 hindsight glasses on it is ironic to see that gold was itself a mania. a useless commodity to be sold to a greater fool

seems the pain has started already - was just doing some ordering for an online business and I can hold prices for a little longer but my stock levels aren't very high and very soon prices will need to go up 10% across the board at least. Aussies have had it so good for so long that I really...

other govts only do that because they are producing countries. we are not - we are price takers for virtually everything

this is simply not correct when talking of imported goods I was referring to things like dump trucks and generators, not cheap consumer items like cars and sneakers

strangely (because they have had a long period of time to do the opposite and simply didn't) the RBA may need to jack rates to attract capital, defend the dollar and save households from rising cost of imported goods and the cancerous knock on effects of this. Way too soon to be likely tho and...

talk of an inflation break out is a bit 2008. There's too much slack for inflation to grip (tho as per usual Australia is different in so far as our dollar is sickening and that will help push up costs) and this is the grim realisation that sees my bullish gold bug mate waking up at 3am in a...

ordered some take away pizza last night and got a bill for $120...and they forgot the garlic bread. now that's an affordability issue!

Agreed, money is stupidly cheap. the cost of it is barely more than inflation

or wrong because your data is the same is everyone elses and your reasoning is wrong or wrong because your data is the same as everyone elses and your reasoning is right but somehting random happens or wrong because your data is wrong... in which case why? do others have better access? is...

sounds promising - looking forward to something to whack the bears back into their caves

seems off beat to me. you can't build wealth by consuming. And those items will be rapidly escalating in price as the dollar drops which will stop it anyway. and where is all the money in the south east coming from? it aint from credit growth and it sure aint from govt funny money. building more...

certainly wise if you hold decent reserves, however for most aussies that would amount to about $90 I see London property looks like it is set for a run

would make sense as we have undergone one of the longest GDP expansions in recent history of all OECD countries, something to the tune of 20 years. Unfortunately tho, the big boned lady is starting to belt out a few tunes... the govt coffers are empty and tax take must go up, credit is maxxed...

"The key factor we are watching is the Australian dollar – at the US80c level other sectors will be affected, but without exchange rate relief it is hard to see where the growth can come from." exchange rate relief....ha ha. relief for some perhaps, major grief for others. the 'exchange...

really confusing after reading this: The unwelcome home sign http://www.businessspectator.com.au/article/2013/5/27/economy/unwelcome-home-sign?utm_source=exact&utm_medium=email&utm_content=303141&utm_campaign=kgb&modapt=

yeh all news to me. what on earth is driving a property boom in melbourne? and where does that leave for the reported national price falls to be happening? from some brief readings on here Sydney is going off, bris seems to be ok, perth going off... is hobart and adelaide really driving down the...

boom times in construction? which is bad for those with existing stock? I was only reading yesterday the proposition that there is unlikely to be a significant drop in aussie real estate prices because nothing is being built

$3 / $80 = 3.75%, so it was a return on debt not a return on equity

$3 / $20 = 15%