Jpcashflow wrote:

Hate negative news but here we go…
It looks unemployment rate is increasing in every state
Being in shipping we usually can tell where the economy is heading by talking to a number of clients

Also news ato and Bp sacking a number of staff
what effect is this going to have on property or shares ??

The recent news to…[Read more]

Goldman Sachs like a rat with a gold tooth! 

http://online.wsj.com/news/articles/SB10001424052702303491304575187920845670844

Hey Freckle,

You know I respect your views they are interesting and you always present an interesting debate. The simple fact is that it is easy to find articles, figures and white papers that present different perspectives on subject matter. I acknowledge that i do this myself depending on what views i believe in. This robust discussion could…[Read more]

Freckle wrote:
Coal (thermal) is near it's peak I'm guessing. The Chinese are choking themselves to death on pollution and the rest of the world as well. In the scheme of things India takes bugger all. See graphic below for usage distribution.

Since this chart was released China has capped its use of thermal coal because of pollution so the…[Read more]

Always interesting Freckle. Using the eia as a reference (http://www.eia.gov/forecasts/ieo/coal.cfm), it's clear that China continues to increase it's reliance on coal until circa 2040 where alternatives start really asserting themselves. In relation to capping the use of coal, I still think it's early days and that issue is highly debatable at…[Read more]

Hey Freckle…. 

Time will tell mate…

However, as we have discussed previously in respect to something you quite rightly asserted Freckle – global energy demand cannot compete with the velocity of global population growth and we simply don't have the commodities in the ground to meet supply. I think you are absolutely right. Coal is a cheap…[Read more]

You have to hand it to Campbell Newman he's determined to see the development of the Galilee Basin…..

THE Queensland premier is about to announce discounted royalty rates for mining companies that proceed with multi-billion projects in the Galilee Basin.

The new incentive is part of a Galilee Basin development strategy, which includes using…[Read more]

Freckle wrote:

engelorumora wrote:
WOW,

There might be some good buying opportunities again if the bottom falls out from all of these funds.

Thanks.

Not in the US and maybe for a long time. The next GFC event will almost certainly hasten a change in the reserve currency from the US$ to a basket of currencies (incl the US$). That creates a…[Read more]

Hey Freckle,

Yes I agree with you in parts. 

India is a basket case economically at the moment. I don't have an in-depth knowledge into the GVK company balance sheet so I can't comment on the feasibility of the finance required or possible debt issues that they may or may not effect it's involvement in this project. However, you are correct the…[Read more]

The significance of this development is without a doubt simply massive. Many don't understand the true significance the role of global energy security is going to play in the future…particularly for developing countries.

The industry has trimmed costs and increased productivity and as a result is better off for it. IMHO this development is also…[Read more]

jmsrachel wrote:
Well I guess all we can do now is sit and wait. Reminds me a bit of that movie deep impact.

Why not profit from it….? 

Someone always has to profit Joe. 

Market corrections are either devastating for some or an opportunity to take advantage for others…

There are clues to opportunity. You only have to look back in…[Read more]

I'd suggest that if there was a black swan event, and I would again suggest it would be originate from the US, money would flow out of the stock markets as the herd stampedes in a panic trying to get their money out the market taking it lower and lower as the fat fingers push the 'sell at market' button in desperation. If you look back into…[Read more]

Last night the Dow Jones rallied to fresh all time highs on WEAK economic data out reassuring investors that the fed will continue with its aggressive quantitative easing policies pumping US$85b of hot money into the system further encouraging people to enter a toppy share market in the search of higher returns. BEWARE ITS A HOUSE OF CARDS! 

Hey Freckle,

Survived the aftermath of an enjoyable celebration, paid the price and now recovered. 

Interesting. 

I have little doubt the USD is systematically being pushed from it's status as a global currency. We can clearly see that is happening as China is proactively negotiating and  implementing trade agreements with a number of nations…[Read more]

JT7 wrote:

Freckle wrote:

moxi10 wrote:

 Perfect description of a "captive market"

Yep. Captured by big money. The small time PI doesn't realise they have the tiger by the tail.

quoting the words used by the truly great late Jim Rohn, 'things are…..MESSED UP' 

By the way, I've got more to contribute I just need a bit of time.…[Read more]

Freckle wrote:

moxi10 wrote:

 Perfect description of a "captive market"

Yep. Captured by big money. The small time PI doesn't realise they have the tiger by the tail.

quoting the words used by the truly great late Jim Rohn, 'things are…..MESSED UP' 

Freckle wrote:

JT7 wrote:
Yes well…. Gold up $49 over night. I think I might take the goldies out for a run this morning.

Anyone care to join me?

Sure beats all in on red on the roulette table! 

It's rolling with the USD nothing more. I think you missed the boat. I expect to see a smack down soon, perhaps Fri US markets.

Hey…[Read more]

Yes well…. Gold up $49 over night. I think I might take the goldies out for a run this morning.

Anyone care to join me?

Sure beats all in on red on the roulette table! 

jmsrachel wrote:
Jp, I know nothing about shares so could you explain this to me, what is the difference between the shares you purchased yesterday and going to the casino and putting it on black? Isn't what you done another form of gambling?

You can get to know a sector of the market particularly well.

For example, if you have a look at…[Read more]

Jpcashflow wrote:
Hi,

Love your post!!!

I think you are right, I have a bit of shares in the Australia market and I am planning to sell most of my stock by end of week: why?
1) Earnings for most companies have decreased and it’s amazing to see how many business are running at a loss.
2) Our stock market is fed by “SUPER” and with this, it…[Read more]