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  1. I

    USA, Ireland, UK, Spain and Japan Property Bubbles versus Australia

    and to make matters more exiting, i have got my first exposure to a greek listed company and have added to it. Yip for all the s***t hitting the fan about Greece, i now have a position in the Greek stock market.
  2. I

    USA, Ireland, UK, Spain and Japan Property Bubbles versus Australia

    interesting to look at ones personal investment bias. Above we see arguments in favour of holding gold. My own investment bias is income producing assets. My focus is on two of the big 'dogs' of US banking: Citigroup and Bank of America. After a hold off over the last 6 months (i...
  3. I

    USA, Ireland, UK, Spain and Japan Property Bubbles versus Australia

    yes the total quantity of physical gold is relatively stable. I read somewhere that the long term supply increase is around 2% a year. But what is the 'stable' current fiat currency price of gold???? This is a very different line of thought. ie what is the true underlying intrinsic value...
  4. I

    USA, Ireland, UK, Spain and Japan Property Bubbles versus Australia

    of course it will be manipulated. It will be manipulated because there are millions of participants acting in their own best interest to make a quid out of the transaction. This is just capitalism at work. There are far too many 'gold idealists' out there that think that gold should be...
  5. I

    USA, Ireland, UK, Spain and Japan Property Bubbles versus Australia

    you pretty well hit the nail on the head with this post, well done. I like your time frame for another 'boom' (not being sarcastic), but it implies that a boom will come when its ready, in the mean time, those in the market should be able to survive. Those that dont have any exposure to the...
  6. I

    USA, Ireland, UK, Spain and Japan Property Bubbles versus Australia

    yeah sure not a crash. but not necessarily a good mechanism to make money either on a medium term basis.
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