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cava said:I try to walk the talk and have bought 4 acres on the outskirts of Melbourne, put in a dam, orchard, some vines, a woodlot, some bee hives and a shed. The primary concern is to be as self sufficient as possible. Our PPR will be sold soon to relieve some debt and we will build another house on the acreage.
These comments are not meant to scare anyone and are only what we, as a family, are doing. So we consider it as an insurance policy, which is part of our investment strategy.
Cava
dodge said:Cava,
I am one how needs to review strategy with negitivae gearing dwindling
Ol School Skata said:Not True - super fund could buy installment warrants (internal gearing/leverage), could buy options/CFD's - of course need to ensure your super fund has the ability to buy these - you could go SMSF or use products like Macquarie where you the ability to buy these within your super fund
OSS
Sorry to disappoint GG as, believe it or not, I am not that extreme and actually quite conservative.Gordon Gekko said:Have you stockked up on canned food aswell
GG
Sorry Thefirstbruce, I really can't resonate with the content of the website. There are always those that look on the pessermistic side of every situation and that is not me. But I also do not look at every situation through rose coloured glasses either.thefirstbruce said:Cava, you might resonate with this guy....
http://www.gloomboomdoom.com/
Actually, to be honest, this is the first time that I have aired my views so publically regarding the ASX, bond markets etc.topcropper said:Cava, keep spreading the word about stocks just being pieces of paper. The more people that believe that, the more opportunity to profit when the bargains are about.
See ya's.
Regional currency is a very complicated and contientious issue and I do not know how the process will be played out.grossreal said:hi cava
very interesting post and alot of what you have said I agree with and i would be very interested in your views with regard to an asian euro
asia is moving very fast at the moment not just china but vietnam as well and I see that we will see a asian euro in what ever form it takes
with the american dollar on one side and the pound on the other and the euro in the middle, with the emerging rmb and the cash in asia building up within the countries and will need to go some where.
you can only hold in these currencies internally for so long and you either start buying currencies( which asia don't want to do) or you get an asian euro.
what are your feelings on the asian and in particular china and vietnam.
they quote as they always have in us dollar but are now quoting in rmb for china and most dealing has been changed to rmb.
I wouldn't be stock piling canned food at the moment but we are at a very interesting time and the states have been going very well for along time but we have yet to see the asian dragons start to flap there wings and from my look at the table we are seeing a very interesting game of chess being played and we are only pawns but maybe you can see how this game is being played from a different view.
It is a little complicated Glebe.Glebe said:Cava,
Interesting point of view on the USA, I appreciated your thoughts. And well done with your gold. I'm not mentally sophisticated enough to work out why gold would be in demand 'when' the global economy collapses though.
There are similarities with the late 70s early 80's however, there are also fundamental differences especially with the religious and terrorist elements.stretchy said:Cava,
I have been watching golds ascent with interest - do you see any interesting parallels with the 70's? Oil is up, inflation is slowly creeping up, an expensive war or 2, etc.
I also know what happend to gold after 1980 - it fell like a rock. Personally I think it will fall again, because as an investment it's pretty much hopeless (no income, no _real_ growth expect for speculation) and as such I do not trust it. Until it does though, enjoy the ride