View Full Version : The worst is over, The golden age is here
phantom_opera
09-10-12, 09:39
Brothers and sisters ... after going through countless charts and analysis, I hereby declare that the worst is over for US / Europe / China ... 2013 Q1 will be the turning point towards a golden era for world's economy as well as for Singapore... OCR will chiong to 1900psf and HDB resale index will hit 250 in 2014/2015 as people around 40y old will be so afraid of losing out that they will borrow from uncle chestnut to buy their dream PCs ... Yishun, Tanah Merah, Punggol, JLD i.e. north south east west of Singapore will hit 1400psf in 2013 ... Dow will break new high and inflation will hit beyond 5% again due to many new SPRs unable to buy PCs or resale HDBs giving excuse for landlords to raise rent to 7th heaven. Many retirees will take out equity loan to secure another PC just for children ... because if you don't act NOW, another CM will ensure you won't be able to do that
And I quote lyrics from Hotel California:
You can check-out any time you like,
But you can never leave! "
which chart & analysis report?
:scared-5:
phantom_opera
09-10-12, 09:44
which chart & analysis report?
:scared-5:
it is called Mr Market :p
blackjack21trader
09-10-12, 09:49
Great analysis ! Brilliant , I love it, brother ghost :)
blackjack21trader
09-10-12, 09:50
which chart & analysis report?
:scared-5:
no need one la... wahpiangz... charts and ANAL-lists can make u rich meh ?
blackjack21trader
09-10-12, 09:53
no need one la... wahpiangz... charts and ANAL-lists can make u rich meh ?
at every turn of the chart, it can either go up or go down...buay zhun one la..u know why? Because the chart is representation of our emotions la. Then talk about ANAL-lists, what do they know? always dun dare to commit themselves, leave the conclusion open ended or a little reservation for them to fall back on. Sigh yo
phantom_opera
09-10-12, 10:07
People think this latest MAS CM will result in correction. After much discussion, I have come to realize that it may exactly achieve the opposite effect of forcing those sitting on the fence to rush out to buy !!! You know when animals are cornered too much, it will stun you by performing desperado move :scared-5:
=================
Despite the new housing loan rules from the Monetary Authority of Singapore (MAS), home buyers are still flocking to condominium showflats, with strong turn-out seen last weekend at Skies Miltonia in Yishun and Riversails at Upper Serangoon, according to The Business Times.
67 percent of units at the 420-unit Skies Miltonia have been taken up. In addition, the developer is offering an 18 percent discount and is giving owners of some units the option to upgrade to marble flooring.
Meanwhile, property agents said that over 300 units have been sold at the 920-unit Riversails, with at least 20 units bought over the weekend. Average prices for large units (three bedroom +) are just above S$800 psf; while prices of one-bedders average S$1,000 psf.
Lee Sze Teck, Senior Manager (Training, Research and Consultancy) at Dennis Wee Group said the figures indicate that sales are still moving.
“I believe people are there to see if there is any reaction from the developers - if they will offer more incentives, or if they will hold prices stable.”
For instance, buyers of units at eCO in Bedok South received an additional two percent furniture voucher, aside from other discounts offered.
Donald Han, Special Adviser at HSR Property Group, was not surprised at the strong turnout, adding that “the feverish pace of launches is driven by sentiment, which is still positive”. In fact, buying activity now seems less speculative with most home buyers purchasing for occupation or to upgrade.
ECO- OVER 460 UNITS SOLD!
Secretariat
09-10-12, 10:11
Brothers and sisters ... after going through countless charts and analysis, I hereby declare that the worst is over for US / Europe / China ... 2013 Q1 will be the turning point towards a golden era for world's economy as well as for Singapore... OCR will chiong to 1900psf and HDB resale index will hit 250 in 2014/2015 as people around 40y old will be so afraid of losing out that they will borrow from uncle chestnut to buy their dream PCs ... Yishun, Tanah Merah, Punggol, JLD i.e. north south east west of Singapore will hit 1400psf in 2013 ... Dow will break new high and inflation will hit beyond 5% again due to many new SPRs unable to buy PCs or resale HDBs giving excuse for landlords to raise rent to 7th heaven. Many retirees will take out equity loan to secure another PC just for children ... because if you don't act NOW, another CM will ensure you won't be able to do that
And I quote lyrics from Hotel California:
You can check-out any time you like,
But you can never leave! "
Uptrend till mid 2013, at best end 2013, dip in 2014, then cheong arh 2015-2016..:cheers4:
phantom_opera
09-10-12, 10:23
I must hold my breath ... China stock market looks like already bottom .. chiong ah!!!
http://chart.finance.yahoo.com/z?s=000001.SS&t=6m&q=l&l=on&z=l&a=v&p=m20,m50&lang=en-US®ion=US
phantom_opera
09-10-12, 10:26
and 10y UST high chance may have hit the bottom at 1.4% .... from now on ... money will flow from bonds into stocks or more risky assets
http://chart.finance.yahoo.com/z?s=%5eTNX&t=6m&q=l&l=on&z=l&a=v&p=m50,m200&lang=en-US®ion=US
phantom_opera
09-10-12, 10:33
and quotes from my favorite investment manager, Bill Gross:
Gross: Be like Columbus – set sail looking for gold and spicy assets. Watch for typhoons though.
Gross: Don’t fight central banks but be afraid of inflationary consequences. Buy what they want you to buy – for now: Risk assets
Singapore properties are spicy assets !!!
Great analysis ! Brilliant , I love it, brother ghost :)
So your landed prices to correct analysis can gel with bro ghost analysis?
Brothers and sisters ... after going through countless charts and analysis, I hereby declare that the worst is over for US / Europe / China ... 2013 Q1 will be the turning point towards a golden era for world's economy as well as for Singapore... OCR will chiong to 1900psf and HDB resale index will hit 250 in 2014/2015 as people around 40y old will be so afraid of losing out that they will borrow from uncle chestnut to buy their dream PCs ... Yishun, Tanah Merah, Punggol, JLD i.e. north south east west of Singapore will hit 1400psf in 2013 ... Dow will break new high and inflation will hit beyond 5% again due to many new SPRs unable to buy PCs or resale HDBs giving excuse for landlords to raise rent to 7th heaven. Many retirees will take out equity loan to secure another PC just for children ... because if you don't act NOW, another CM will ensure you won't be able to do that
And I quote lyrics from Hotel California:
You can check-out any time you like,
But you can never leave! "
In fact, 3 days ago.. I've already warned MR B about it..
http://forums.condosingapore.com/showthread.php?t=12285&page=1528
All these are tell tale signs that price will be looking UP UP UP further in the coming months :scared-1: :scared-1: :scared-1:
I have already warned MR B once during Aug this year.. just be prepared for another round in Feb/Mar next year..
Too bullish. Become bulls***.
phantom_opera
09-10-12, 13:54
Too bullish. Become bulls***.
normally the peak is near when everybody agrees that a new paradigm has arrived ... i am testing water and looks like still not there ;)
but u cannot deny that all the charts are bullish, even China-A seems like bottoming
and frankly I am not as bullish as our young lawyer:
====================
"From our point of view, these HDB flats which go for $1 million are a decent deal."
blackjack21trader
09-10-12, 14:01
So your landed prices to correct analysis can gel with bro ghost analysis?
why not ? take a GCB now for example asking for $80,000,000. To buy that, you need to topup cash of $50,000,000. read again: that is $50million. as in Fifty-million or can buy 10x $5million new semi-ds.
Think about it, brother focus :)
blackjack21trader
09-10-12, 14:03
Too bullish. Become bulls***.
you are very handsome leh brother, from ur photo. All handsome men are smart, are they not ?
blackjack21trader
09-10-12, 14:04
In fact, 3 days ago.. I've already warned MR B about it..
http://forums.condosingapore.com/showthread.php?t=12285&page=1528
unbelieveable ! Bullseye !
Why miltonia yishun so good sales??
Why miltonia yishun so good sales??
Cheap and good.
Uptrend till mid 2013, at best end 2013, dip in 2014, then cheong arh 2015-2016..:cheers4:
Thats when quite a number of BUC will TOP in the period 2014/5/6... Huat Ah!!!
phantom_opera
09-10-12, 15:03
Another key reason for the bull case is Hong Kong property market, it is now only 10% above its 1997 high, still a long way to go ... when HK up another 20%, it will be hard not for Singapore property price to follow ... the new projects at NT(East) and NT (west) last MRT stops all asking like 1500psf
http://hk.centadata.com/cci/images/ccli_chart.png
some HK projects
Garden Riviera
http://hk.centadata.com/cci/estate_info_e.aspx?ChartDirectorChartImage=chart_WebChartViewer1&cacheId=65d1081521ab45518999a072db4951b8&id=004700
City One Shatin
http://hk.centadata.com/cci/estate_info_e.aspx?ChartDirectorChartImage=chart_WebChartViewer1&cacheId=5e77514ebb7b481dabdb5690b3a6837a&id=004900
I actually like this chart!
phantom_opera
09-10-12, 15:20
I actually like this chart!
on that chart, the swing is btn 50-100, after broken through 100, if the swing is going to be 100-200 I think there will be crazy amount of upside since we are still at 110
why not ? take a GCB now for example asking for $80,000,000. To buy that, you need to topup cash of $50,000,000. read again: that is $50million. as in Fifty-million or can buy 10x $5million new semi-ds.
Think about it, brother focus :)
Thanks.. but i dont play so big.. no money to do that.
I only hoping the $3.5mil land can become $2-2.5mil within this year . ... If can, then i happy like fak.
phantom_opera
09-10-12, 18:29
Hong Kong yahoo blog
不封頂（Open Ended）的每月購買按揭抵押證券（MBS-Mortgage Backed Securities）400億美元，也就是說最高是當今按揭抵押證券總數14.4萬億美元，和繼續扭曲操作（Operation Twist）也就是說繼續每月購買450億美元的中長期債券，合共850億美元。換句話說，美聯儲將增加發行最多14.4萬億（1.4 trillion， 中國外匯儲備的一半）美元的基礎貨幣，使到美聯儲的資產負債表擴大到4萬億，是華爾街金融風暴前的4倍。為了使到市場對風險絕對覺得安心，更指明零利率會維持到2015年。三年之內放心炒股票，放心炒大宗商品，放心炒房地產…。
其實金融市場的即時反應正符合美聯儲的算盤。全球股市大幅度的飆升。就是有點奇怪，相對經濟增長最強勁的中國，上證指數卻依然徘徊在近期歷史的低點，沒有亢奮。不過，本來已經牛氣沖天的香港樓市， 在投機氣氛越加濃厚的氣氛中，相信房地產市場會有終極的亢奮。
Brothers and sisters ... after going through countless charts and analysis, I hereby declare that the worst is over for US / Europe / China ... 2013 Q1 will be the turning point towards a golden era for world's economy as well as for Singapore... OCR will chiong to 1900psf and HDB resale index will hit 250 in 2014/2015 as people around 40y old will be so afraid of losing out that they will borrow from uncle chestnut to buy their dream PCs ... Yishun, Tanah Merah, Punggol, JLD i.e. north south east west of Singapore will hit 1400psf in 2013 ... Dow will break new high and inflation will hit beyond 5% again due to many new SPRs unable to buy PCs or resale HDBs giving excuse for landlords to raise rent to 7th heaven. Many retirees will take out equity loan to secure another PC just for children ... because if you don't act NOW, another CM will ensure you won't be able to do that
And I quote lyrics from Hotel California:
You can check-out any time you like,
But you can never leave! "
after reading so many "analyst" analysis, I think you are still the best analyst. I like it. No nonsense comments like "I think", "barring this & that", "reveal after national day" all the crab story. You are the can man.will buy you beer if come true. Cheers!
The recovery may take 2-3 years to unfold but it does feel we are not too far from the bottom.
blackjack21trader
09-10-12, 21:07
after reading so many "analyst" analysis, I think you are still the best analyst. I like it. No nonsense comments like "I think", "barring this & that", "reveal after national day" all the crab story. You are the can man.will buy you beer if come true. Cheers!
halor halor.. i agree with u.. those anal-list ruan ruan gong like siao lang like dat hor especially that idiot that said that underlined in red hor.hehehehehe
phantom_opera
09-10-12, 21:18
The recovery may take 2-3 years to unfold but it does feel we are not too far from the bottom.
At last, a chartist agrees with me ;)
blackjack21trader
09-10-12, 21:31
At last, a chartist agrees with me ;)
halor halor.
phantom_opera
09-10-12, 21:42
this thread must link to the theme song
http://www.youtube.com/watch?v=kYf4kqnAWos&feature=related
and led by the king of MM, guess which project
2012-08-30 #18-XX 581sqft 2,458psf 1,428,744
this thread must link to the theme song
http://www.youtube.com/watch?v=kYf4kqnAWos&feature=related
and led by the king of MM, guess which project
2012-08-30 #18-XX 581sqft 2,458psf 1,428,744
cliff?:beats-me-man:
phantom_opera
09-10-12, 22:03
cliff?:beats-me-man:
Clift will qualify too .. this is new sales freehold D15
Clift will qualify too .. this is new sales freehold D15
PCB? :beats-me-man:
Singapore is NOT Hong Kong.
Singapore is so close to low cost areas such as Malaysia and even Indonesia.
There are plenty of empty spaces to slow down Singapore property price appreciation speed.
Thanks,
Richard
blackjack21trader
10-10-12, 00:15
i shall make sure USA recover by end 2012, see ur chart more power or my third eye.
blackjack21trader
10-10-12, 00:40
i shall make sure USA recover by end 2012, see ur chart more power or my third eye.
cone tell me i will be an idiot, come....hehehehhehehehehehe
i shall make sure USA recover by end 2012, see ur chart more power or my third eye.
Not sure about that.. cos my third eye can't tell.. but my "third leg" can sense that we shall see pty price continue to go UP UP UP somewhere in Feb/Mar next year..
Cos the "UP" effect.. recently is getting strong & strong again..:ashamed1:
I am curious to see what October sales numbers look like.
i shall make sure USA recover by end 2012, see ur chart more power or my third eye.
(MarketWatch) — Will the bull market come to an end on Oct. 9?
Don’t laugh. It turns out that two of the most prominent market turning
points of the last decade occurred on this very date.
The first was the beginning of the 2002-07 bull market, which occurred Oct.
9, 2002.
The Dow Jones Industrial Average DJIA -0.81% on that date hit an intraday
low of 7,282.39, and the S&P 500 index SPX -0.99% sank to 775.80 — more
or less half the levels these indexes would rise to in five years’ time.
The second of those major turning points came as that 2002-2007 bull market
was coming to an end. Believe it or not, its exact end was on — you guessed
it — Oct. 9, 2007.
In the ensuing bear market, the Dow and the S&P 500 would each lose more
than half their values.
You might think that there are almost impossibly low odds that two trend
changes this momentous would occur on the very same day of the year.
But you’d be wrong. In fact, this is a great illustration of how our gut
instincts are poor guides to statistical truths.
http://www.marketwatch.com/story/bear-market-may-begin-2012-10-09?dist=tbeforebell
phantom_opera
10-10-12, 09:05
Because 9 oct is report season starting? Alcoa managed to go flat afterhours
price, pcb is a swear word. psb la
blackjack21trader
10-10-12, 12:52
(MarketWatch) — Will the bull market come to an end on Oct. 9?
Don’t laugh. It turns out that two of the most prominent market turning
points of the last decade occurred on this very date.
The first was the beginning of the 2002-07 bull market, which occurred Oct.
9, 2002.
The Dow Jones Industrial Average DJIA -0.81% on that date hit an intraday
low of 7,282.39, and the S&P 500 index SPX -0.99% sank to 775.80 — more
or less half the levels these indexes would rise to in five years’ time.
The second of those major turning points came as that 2002-2007 bull market
was coming to an end. Believe it or not, its exact end was on — you guessed
it — Oct. 9, 2007.
In the ensuing bear market, the Dow and the S&P 500 would each lose more
than half their values.
You might think that there are almost impossibly low odds that two trend
changes this momentous would occur on the very same day of the year.
But you’d be wrong. In fact, this is a great illustration of how our gut
instincts are poor guides to statistical truths.
http://www.marketwatch.com/story/bear-market-may-begin-2012-10-09?dist=tbeforebell
wahlaueh... brother I was having fun here and u exposed...exposed...exposed my third eye. WOAHHHEHEHEHHEHEHEHEH
so today should be the start of the NEXT bull market?? lol
phantom_opera
10-10-12, 14:05
Yes, it is always the darkest before dawn ... we will see dismay results from US reporting season
wahlaueh... brother I was having fun here and u exposed...exposed...exposed my third eye. WOAHHHEHEHEHHEHEHEHEH
Huat Huat huat
blackjack21trader
10-10-12, 14:30
Huat Huat huat
aiya i just teasing bro ghost only la... nothing beats getting an analyst shaken and started to be unsure of his beliefs: the charts.
WOAHAHAHHAHAHAHHHEHHEHEHEHEH
very good site u have been going to, the market watch. but be very careful about the analysts there also, sometimes can sabo one also hor.
aiya i just teasing bro ghost only la... nothing beats getting an analyst shaken and started to be unsure of his beliefs: the charts.
WOAHAHAHHAHAHAHHHEHHEHEHEHEH
very good site u have been going to, the market watch. but be very careful about the analysts there also, sometimes can sabo one also hor.
Just read for info nia.
Still waiting to buy another prop
Any lobangs ?
why not ? take a GCB now for example asking for $80,000,000. To buy that, you need to topup cash of $50,000,000. read again: that is $50million. as in Fifty-million or can buy 10x $5million new semi-ds.
Think about it, brother focus :)
$80m is only buying the land loh, rebuilding cost could easily add another 10m. then again, if you have count, chances are you cant afford it.
price, pcb is a swear word. psb la
oops sorry. typed too quickly!
blackjack21trader
11-10-12, 00:32
$80m is only buying the land loh, rebuilding cost could easily add another 10m. then again, if you have count, chances are you cant afford it.
oh tio...correct correct.. how can i forget abt this component! thanks ! n of cos i cant afford it, who wana dump so much cash ? 40% loan leverage only hor that is the point i am trying to make.
blackjack21trader
11-10-12, 00:33
oops sorry. typed too quickly!
blame it on the auto correction. uncheck spelling check .lol
blame it on the auto correction. uncheck spelling check .lol
nvm la pcb sounds good too :D
nvm la pcb sounds good too :D
pcb means price, carbuncle and blackjack21trader...
blackjack21trader
11-10-12, 05:23
Because 9 oct is report season starting? Alcoa managed to go flat afterhours
correct and it appears now that ur reading of the charts is right ! :scared-4:
phantom_opera
11-10-12, 09:36
Don't panic brothers and sisters, it is always the darkest moment just before the dawn ... the US reporting season will present great buying opportunities when panic sellers dump their shares .. the same thing as Singapore properties, many people will be screwed due to loan tenure, buy on dip !!!
China economy is still growing, it is creating a new Greece every 3 months according to UK PM Cameron ... I am about to buy China-A shares for long term :2cents:
Let your soul
Take you where you
long to be !
Secretariat
11-10-12, 10:09
US stock markets don't do well in Oct one la.
Black Monday anniversary month mah...:D
US stock markets don't do well in Oct one la.
Black Monday anniversary month mah...:D
oh...you remind me of the october monday :D
Don't panic brothers and sisters, it is always the darkest moment just before the dawn ... the US reporting season will present great buying opportunities when panic sellers dump their shares .. the same thing as Singapore properties, many people will be screwed due to loan tenure, buy on dip !!!
China economy is still growing, it is creating a new Greece every 3 months according to UK PM Cameron ... I am about to buy China-A shares for long term :2cents:
Let your soul
Take you where you
long to be !
Stock market to go down 20% in near term.
It will be a buying opportunity.
I am waiting to buy around STI 2600.
Thanks,
Richard
phantom_opera
11-10-12, 10:26
Unlikely, STI at 2850 I will say buy
Those unable to buy properties anymore will either buy annual MBS club membership or help to boost STI :scared-5:
Stock market to go down 20% in near term.
It will be a buying opportunity.
I am waiting to buy around STI 2600.
Thanks,
Richard
uncle richard also ready for it liao ah...
:o:o
Secretariat
11-10-12, 10:35
oh...you remind me of the october monday :D
Also the Oct 1929 crash leading to the Great Depression.
blackjack21trader
11-10-12, 10:55
then pck??
Phua Chu Kang la .Google it. :(
http://i155.photobucket.com/albums/s297/blackjack21trader/images1.jpg
Secretariat
11-10-12, 11:10
Stock market to go down 20% in near term.
It will be a buying opportunity.
I am waiting to buy around STI 2600.
Thanks,
Richard
What is the basis? Share with us leh...:D
phantom_opera
11-10-12, 12:02
I thought I should share some interesting charts
http://graphics8.nytimes.com/images/2012/10/06/opinion/100612krugman2/100612krugman2-blog480.jpg
consumer animal spirit to return soon ??
http://graphics8.nytimes.com/images/2012/10/09/opinion/100912krugman1/100912krugman1-blog480.jpg
phantom_opera
12-10-12, 22:57
HK centalene index up almost 1% this week, 2.12% month on month
[Centa-City Leading Index]
111.11
0.88 % 2.12 %
HK centalene index up almost 1% this week, 2.12% month on month
[Centa-City Leading Index]
111.11
0.88 % 2.12 %
At this rate, more CMs will be just round the corner.
phantom_opera
13-10-12, 09:25
At this rate, more CMs will be just round the corner.
CMs serve to artificially suppress the demand to buy time ... but the underlying fundamental factors like low interest rate, excessive monetary growth and weak exchange rate are left in the cold
MAS surprised the market this time by maintaining gradual appreciation of SGD is the right step ...
phantom_opera
13-10-12, 09:29
recently JP Morgan CEO Dimon said US housing has bottomed and on a slow recovery path ... given the size of JPM ... it kinds of confirm the chart below
that's why I said the worst is behind us, Greece is too small ... all Europe need to do is put a firewall for Spain to stop the virus from spreading further which they will do at all cost
http://graphics8.nytimes.com/images/2012/10/06/opinion/100612krugman2/100612krugman2-blog480.jpg
Wait for the stress test.
recently JP Morgan CEO Dimon said US housing has bottomed and on a slow recovery path ... given the size of JPM ... it kinds of confirm the chart below
that's why I said the worst is behind us, Greece is too small ... all Europe need to do is put a firewall for Spain to stop the virus from spreading further which they will do at all cost
http://graphics8.nytimes.com/images/2012/10/06/opinion/100612krugman2/100612krugman2-blog480.jpg
phantom_opera
13-10-12, 09:43
Wait for the stress test.
I am not saying a V-shape recovery, but there will be high chance that it goes sideways for long time after establishing the BOTTOM
Shall we worry about inflation or deflation ... lol
So will this result in interest rate hike?
phantom_opera
13-10-12, 09:57
So will this result in interest rate hike?
since it is side way movement ... Bernanke will not dare to do anything until there is a steeper recovery
of course unemployment # is another key
and some will say once they start to tighten, there will be no more worries for deflation but inflation so why sell :p
phantom_opera
13-10-12, 10:14
KLN 109.87 2.78 % 1.21 %
NT (East) 106.39 1 % 2.01 %
NT (West) 92.78 0.89 % 4.59 %
you can see price growth is now coming from NT ... NT(West) up 4.59% month by month
so when NT (West) is selling at SGD1500psf .. Sky Green at similar psf is very cheap
KLN 109.87 2.78 % 1.21 %
NT (East) 106.39 1 % 2.01 %
NT (West) 92.78 0.89 % 4.59 %
you can see price growth is now coming from NT ... NT(West) up 4.59% month by month
so when NT (West) is selling at SGD1500psf .. Sky Green at similar psf is very cheap
Buy!!!!!!!!
If other countries recover, will SINGAPORE see outflow of funds?
blackjack21trader
13-10-12, 14:42
you guys are all very brilliant ! I am so happy to be in this forum feeding and developing my curious mind :)
blackjack21trader
13-10-12, 14:44
But I must say brother ghost's thought is very original. I love it !
I spent the whole week in HK, walked till one leg long and one leg short...
and till do not the gut to give a cheque....
the prices are just crazy....
phantom_opera
13-10-12, 14:53
hk and shanghai twin dragon head, sg dragon tail
KLN 109.87 2.78 % 1.21 %
NT (East) 106.39 1 % 2.01 %
NT (West) 92.78 0.89 % 4.59 %
you can see price growth is now coming from NT ... NT(West) up 4.59% month by month
so when NT (West) is selling at SGD1500psf .. Sky Green at similar psf is very cheap
This makes my mm purchase at D10 @19xx psf looks cheap!
phantom_opera
21-10-12, 22:04
HK 119.16 0.36 % 5.21 %
KLN 108.84 -0.93 % 0.88 %
NT (East) 108.44 1.92 % 2.13 %
NT (West) 93.26 0.52 % 4.59 %
Month on month up 5% for HK and NT (West)
NT (East) up 1.92% weekly
China-A seems bottoming around 2,000
phantom_opera
21-10-12, 22:07
在美國推QE3後，熱錢不斷湧入香港，資金搶高港紙，已多次觸及聯繫匯率的「警戒線」。在昨晨紐約交易時段，港匯再次觸及7.75的強方兌換保證水平，令金管局終於出手，自2009年以後首次入市干預，買入6.03億美元（即沽出約46.7億港元），以遏止港匯升勢。分析員預料，在憧憬中國經濟觸底回升下，熱錢「東流」仍會持續，金管局未來或需再度干預。
phantom_opera
24-10-12, 21:56
He (Warren Buffet) also sees a "turn" for residential housing in the U.S. and as it improves, Berkshire Hathaway's housing-related companies will benefit.
=> same tune as JP Morgan
phantom_opera
24-10-12, 22:05
Cheung Kong (Holdings) Limited (0001.HK) -HKSE
119.90 5.00(+4.35%) 3:59AM EDT
He (Warren Buffet) also sees a "turn" for residential housing in the U.S. and as it improves, Berkshire Hathaway's housing-related companies will benefit.
=> same tune as JP Morgan
there are some lead indicators of US housing, turned 3 months ago.
HK prices quite fierce admittedly.
hk and shanghai twin dragon head, sg dragon tail
haha :D:D:D
phantom_opera
25-10-12, 22:19
looks like the dragon head is moving
港股十連升高收46點:scared-4:
<匯港通訊> 利嘉閣地產錄得海怡半島15座極高層E室成交，建築面積1065方呎，單位三房一套房加工人房開則，外望開揚海景，作價1500萬元，折合呎價約14085元，刷新屋苑及分層單位歷史新高紀錄。
據了解，賣方在98年2月份以728萬元購入物業，今番轉售，賬面獲利772萬元，賺幅約1.06倍。
South Horizons 2347 SGDpsf for seaview at HK Island, completed in 1995
http://upload.wikimedia.org/wikipedia/commons/thumb/5/59/HK_SouthHorizons_Phase1%262.JPG/250px-HK_SouthHorizons_Phase1%262.JPG
but from this chart, I must say WOW!!!!!!!!!!!!!!!!!!!!!!!!!! 14085 HKD psf is so much higher than average
http://hk.centadata.com/cci/estate_info_e.aspx?ChartDirectorChartImage=chart_WebChartViewer1&cacheId=b83d0f4e85b1430fb2f6481e0c14d7e9&id=002400
phantom_opera
25-10-12, 23:30
and SIA seems to support my view :p
Bullish SIA spreads wings to shop for 25 new planes
[SINGAPORE] If you thought Singapore Airlines was scaling back long-haul operations to focus on just regional routes, think again.
SIA must have analysed its passenger data and found more long distance travels from west to east. This should support the theory that Asia is the area of growth for the next 10 years (considering the size of the investment), and more people from the west will travel to the east for more opportunities. Hold on to your properties (and rent out to them).
phantom_opera
28-10-12, 09:16
KKR bets big on South-east Asia
SINGAPORE - United States private equity firm KKR yesterday opened an office in Singapore to serve as the regional hub for investments, underscoring the industry's growing interest in South-east Asia. The Singapore office, its seventh in Asia since entering the region in 2005, will be staffed by a seven-member team.
"South-east Asia is KKR's second-largest investment destination in Asia after China. But now is the time to establish a permanent presence," said KKR co-founder Henry Kravis.
=> Indon is the leader of growth in SEA now
KKR bets big on South-east Asia
SINGAPORE - United States private equity firm KKR yesterday opened an office in Singapore to serve as the regional hub for investments, underscoring the industry's growing interest in South-east Asia. The Singapore office, its seventh in Asia since entering the region in 2005, will be staffed by a seven-member team.
"South-east Asia is KKR's second-largest investment destination in Asia after China. But now is the time to establish a permanent presence," said KKR co-founder Henry Kravis.
=> Indon is the leader of growth in SEA now
lim hwee hua joined them after losing her seat in aljunied.
phantom_opera
02-11-12, 13:52
恒指破二萬二升至15個月高位 藍籌股全線上升
=> something is brewing in HK, despite property CM, HK stock market has reached 15m high
恒指破二萬二升至15個月高位 藍籌股全線上升
=> something is brewing in HK, despite property CM, HK stock market has reached 15m high
we have to see how the centadata index today...and next 3 weeks
also two tenders closing today
將軍澳和馬鞍山兩幅住宅限量地皮中午截標，現場所見，最少有4間發展商派代表到場遞交標書。
phantom_opera
02-11-12, 14:15
we have to see how the centadata index today...and next 3 weeks
also two tenders closing today
將軍澳和馬鞍山兩幅住宅限量地皮中午截標，現場所見，最少有4間發展商派代表到場遞交標書。
it is not just the property market ... I am sure the CM has short term cooling effect .. what I am questioning is why there huge hot money flowing into HK stock market ... it could mean proxy play for Chinese economy or HK itself??
it is not just the property market ... I am sure the CM has short term cooling effect .. what I am questioning is why there huge hot money flowing into HK stock market ... it could mean proxy play for Chinese economy or HK itself??
quite a few rounds of intervention lately by HK govt
phantom_opera
02-11-12, 14:41
quite a few rounds of intervention lately by HK govt
9th time
人民币汇率5涨停 香港9度入市维稳
China-A lately is seeing huge buying support ...
Now I start to worry ... normally at bottom without any stimulus, it is supposed to be boring ...
9th time
人民币汇率5涨停 香港9度入市维稳
China-A lately is seeing huge buying support ...
Now I start to worry ... normally at bottom without any stimulus, it is supposed to be boring ...
I am quite holiday mood alr
how u see this....
phantom_opera
11-01-13, 06:32
S&P 500 Rises to 5-Year High
Chinese data was always going to be important yesterday but the 14.1% jump in exports was remarkable given that the pundits were expecting a rise of just 4%. This data reinforces the notion that the 7.4% GDP growth we saw in Q3 2012 is the low point in the cycle and growth is looking better once more.
Market this time seems to ignore fiscal cliff / debt ceiling issues completely, RISK ON
Be prepared for panic buying in COEs / properties ... I am going to sell some bonds to add to China-A position
blackjack21trader
18-01-13, 12:05
Brothers and sisters ... after going through countless charts and analysis, I hereby declare that the worst is over for US / Europe / China ... 2013 Q1 will be the turning point towards a golden era for world's economy as well as for Singapore... OCR will chiong to 1900psf and HDB resale index will hit 250 in 2014/2015 as people around 40y old will be so afraid of losing out that they will borrow from uncle chestnut to buy their dream PCs ... Yishun, Tanah Merah, Punggol, JLD i.e. north south east west of Singapore will hit 1400psf in 2013 ... Dow will break new high and inflation will hit beyond 5% again due to many new SPRs unable to buy PCs or resale HDBs giving excuse for landlords to raise rent to 7th heaven. Many retirees will take out equity loan to secure another PC just for children ... because if you don't act NOW, another CM will ensure you won't be able to do that
And I quote lyrics from Hotel California:
You can check-out any time you like,
But you can never leave! "
very zhun. i am impressed. now that China GDP beats estimate, I hereby declare you are a phd in practical economics like the handsome me!
brother, u handsome like me bo?
blackjack21trader
18-01-13, 12:13
very zhun. i am impressed. now that China GDP beats estimate, I hereby declare you are a phd in practical economics like the handsome me!
brother, u handsome like me bo?
actually i wanted to reply ur thread when you first started it. but i refrain from it until the good news is released for a full dramatic impact !
i tong and tahan...tong and tahan until now !
woahahhahahahahhahahhahh
phantom_opera
18-01-13, 13:18
Still I failed to anticipate Japan will join the money printing game ... Abe will be either hero or sinner in the history :cheers6:
Nikkei 225 10,913.30
+303.66 ( +2.86%)
Yen / USD above 90
this will now put pressure on MAS too
very zhun. i am impressed. now that China GDP beats estimate, I hereby declare you are a phd in practical economics like the handsome me!
brother, u handsome like me bo?
Hello Handsome Brother
Thank you for the Botannia tips
Still holding and collecting an attractive rental yields :D
:D
Still I failed to anticipate Japan will join the money printing game ... Abe will be either hero or sinner in the history :cheers6:
Nikkei 225 10,913.30
+303.66 ( +2.86%)
Yen / USD above 90
this will now put pressure on MAS too
japan politics is like a revolving door, no stability. now abe is gonna spend get japan to spend its way out of the doldrums, though that doesn't resolve the issue of a dwindling taxable population
if they open doors to immigrants, it's sayonara to singapore for me ;)
blackjack21trader
18-01-13, 19:06
Hello Handsome Brother
Thank you for the Botannia tips
Still holding and collecting an attractive rental yields :D
Anytime brother Simi, good to hear that ! ;)
blackjack21trader
18-01-13, 19:08
:D
japan politics is like a revolving door, no stability. now abe is gonna spend get japan to spend its way out of the doldrums, though that doesn't resolve the issue of a dwindling taxable population
if they open doors to immigrants, it's sayonara to singapore for me ;)
Nobody will go there. The new rich immigrants only goes to English speaking countries like Singapore. That is why they are facing a serious aged population problem now.
blackjack21trader
18-01-13, 19:14
Nobody will go there. The new rich immigrants only goes to English speaking countries like Singapore. That is why they are facing a serious aged population problem now.
Exactly on the 12th day of the Chinese Lunar New Year, Rental in the Lion City will start to shoot up by more than 10%.
Good Luck.
blackjack21trader
18-01-13, 19:19
those economies that did not use English as their official language will face many competitive problem in the New Golden Era 2010-2025.
the English language is the ONLY language in the Universe used by many alien species from Planet Andromeda or within the Milky Way.
WOAHAHAHAHAHAHHA
blackjack21trader
18-01-13, 19:25
:D
japan politics is like a revolving door, no stability. now abe is gonna spend get japan to spend its way out of the doldrums, though that doesn't resolve the issue of a dwindling taxable population
if they open doors to immigrants, it's sayonara to singapore for me ;)
PAISEH...My Third Eye just told me you could be a Japanese. I actually meant to say Japanese language is very difficult to master, that is why few dare to go there.
Don't get me wrong. Please do not wait, take your first flight here to Singapore tomorrow, brother !
phantom_opera
18-01-13, 21:30
Make not mistake, based on TA alone, we are in the beginning of a bull market .... as the saying goes ... a bull market climbs walls of worries ... so early stage of bull market will be full of walls like fiscal cliff, debt ceiling, doubts/attacks from bears ... fragile economic numbers ... threat of housing oversupply from Kenobi-wan :rolleyes:
http://cs-www.cs.yale.edu/homes/shah/pics-OP/2008-09-New%20York/slides/21-The%20Wall%20Street%20Bull.JPG
of course if US does the unthinkable of delaying rasing of debt ceiling then there will be panic
Hi phantom
i believe we are in the 1st wave of the bull run
S&P500 from 666.79 to now 1480plus
this 1st wave could likely ends at around 1570 - 1600
2c worth
Make not mistake, based on TA alone, we are in the beginning of a bull market .... as the saying goes ... a bull market climbs walls of worries ... so early stage of bull market will be full of walls like fiscal cliff, debt ceiling, doubts/attacks from bears ... fragile economic numbers ... threat of housing oversupply from Kenobi-wan :rolleyes:
http://cs-www.cs.yale.edu/homes/shah/pics-OP/2008-09-New%20York/slides/21-The%20Wall%20Street%20Bull.JPG
of course if US does the unthinkable of delaying rasing of debt ceiling then there will be panic
1st wave as in Elliot waves?
Yes ;)
as in EW waves
1st wave as in Elliot waves?
not many can comprehend the possibility that we are in early stage bull cycle.
phantom_opera
19-01-13, 11:12
not many can comprehend the possibility that we are in early stage bull cycle.
How central banks will time their asset sales will be critical
Any prediction on OCR and CCR PSF ?
phantom_opera
28-01-13, 12:58
1月26日，河南省焦作市一楼盘开盘销售，吸引近千名购房者前来，上午9时开始选房后，现场秩序一度失控，多名保安维持现场秩序，1个多小时之后，104套住房宣告售罄
http://img3.cache.netease.com/photo/0025/2013-01-28/8MA12UNE0HH40025.jpg
http://img5.cache.netease.com/photo/0025/2013-01-28/8MA131VQ0HH40025.jpg
Make not mistake, based on TA alone, we are in the beginning of a bull market .... as the saying goes ... a bull market climbs walls of worries ... so early stage of bull market will be full of walls like fiscal cliff, debt ceiling, doubts/attacks from bears ... fragile economic numbers ... threat of housing oversupply from Kenobi-wan :rolleyes:
http://cs-www.cs.yale.edu/homes/shah/pics-OP/2008-09-New%20York/slides/21-The%20Wall%20Street%20Bull.JPG
of course if US does the unthinkable of delaying rasing of debt ceiling then there will be panic
There are many banks roll out their lunch / breakfast on the presentation of Market outlook 2013. Most of them have the same readings...on equity, bonds and commodities.
Yes, this is the year of equity, especially for certain markets. Sg equity market may not be that attractive.
Yes, this is the year of equity, especially for certain markets. Sg equity market may not be that attractive.
USA/Europe/CHina?
USA/Europe/CHina?
I just had some simple write up in the bond thread
1月26日，河南省焦作市一楼盘开盘销售，吸引近千名购房者前来，上午9时开始选房后，现场秩序一度失控，多名保安维持现场秩序，1个多小时之后，104套住房宣告售罄
http://img3.cache.netease.com/photo/0025/2013-01-28/8MA12UNE0HH40025.jpg
http://img5.cache.netease.com/photo/0025/2013-01-28/8MA131VQ0HH40025.jpg
I've been to 省焦 when I went to Yuntai Mountain some years back.
This development should be located in the new town just besides the plan 南水北调 project. I was told by the locals that 河南省焦 is the only city in china which will have the river flow cutting through the city center. And 省焦 is about 30mins drive to YunTai mountain which is classified as 世界地质公园. Very beautiful.
https://www.google.com.sg/search?q=yuntai+mountain&hl=en&tbo=u&tbm=isch&source=univ&sa=X&ei=UjIJUZruMIeimQXyuoGwDg&sqi=2&ved=0CC0QsAQ&biw=1440&bih=687.
From the picture, I observed one interesting thing. Did you notice that the sold floor area of 57.55sqm has an effective floor area of 115sqm? So these are some form of loft units. The developer is smart as the effective price drop from by half from 5445 down to 2723 per sqm. Smart move.
I've been to 省焦 when I went to Yuntai Mountain some years back.
This development should be located in the new town just besides the plan 南水北调 project. I was told by the locals that 河南省焦 is the only city in china which will have the river flow cutting through the city center. And 省焦 is about 30mins drive to YunTai mountain which is classified as 世界地质公园. Very beautiful.
https://www.google.com.sg/search?q=yuntai+mountain&hl=en&tbo=u&tbm=isch&source=univ&sa=X&ei=UjIJUZruMIeimQXyuoGwDg&sqi=2&ved=0CC0QsAQ&biw=1440&bih=687.
From the picture, I observed one interesting thing. Did you notice that the sold floor area of 57.55sqm has an effective floor area of 115sqm? So these are some form of loft units. The developer is smart as the effective price drop from by half from 5445 down to 2723 per sqm. Smart move.
Typo should be 焦作市
Luckily Ah B is not here anymore or he will say China property already 50% down. Singapore will be next............2015 :D:D:D
phantom_opera
31-01-13, 06:56
interest rate normailzation has begun but at a slow pace :spliff2:
phantom_opera
04-02-13, 10:13
China's services industries index soars
[BEIJING] China's services industries expanded at the fastest pace since August as gains in retailing and construction aid a recovery in the world's second-biggest economy.
Jobs report pushes Dow closer to all-time high
THE US stock market finished near its all-time high last week, after the biggest January rally since 1997.
Oil prices strike four-month peaks
[LONDON] Crude oil prices spiked to four-month peaks last week, energised by the weak dollar, mostly upbeat global economic data and Middle East tensions particularly in Syria, while other commodities mainly rose
China's services industries index soars
[BEIJING] China's services industries expanded at the fastest pace since August as gains in retailing and construction aid a recovery in the world's second-biggest economy.
Jobs report pushes Dow closer to all-time high
THE US stock market finished near its all-time high last week, after the biggest January rally since 1997.
Oil prices strike four-month peaks
[LONDON] Crude oil prices spiked to four-month peaks last week, energised by the weak dollar, mostly upbeat global economic data and Middle East tensions particularly in Syria, while other commodities mainly rose
The shift to a new equilibrium will result in higher valuation of asian assets. Don't believe in "1997 asian financial crisis style" capital pull back. This time they are weak and we are strong.
Many are saying 2013 will be the year for stock market. With properties dulling, maybe this will be THE year. Any brave prediction for STI? 4000?
with Apple moving manufacturing back to USA, and the likes of others to follow... is this really the recovery of USA?
Global Stocks Signal No Loss of Better World to Come
By Whitney Kisling and Adria Cimino
February 03, 2013 6:00 PM EST
Facebook Twitter LinkedIn Queue
Stocks in the world’s developed nations posted the best start to a year in two decades, a sign the global economy is poised to accelerate after contractions in Japan, the U.S. and Europe, if history is a guide.
The MSCI World Index (MXWO) of stocks in 24 markets rose 5 percent in January, the most since 1994, as individual investors pumped record deposits into mutual funds, U.S. profits increased for an 11th quarter, central banks kept interest rates at record lows and growth from Europe to China improved. The last two times stocks gained this much in January, world gross domestic product expanded at least three times the 2.4 percent that economists forecast for 2013, according to data compiled by Bloomberg.
While market strategists say that equities have already recorded most of this year’s gains, bears who predicted declines at this point in 2012 only to see the Standard & Poor’s 500 Index (SPX) close up 13 percent, are being overlooked. Bulls say the rally is just getting started after U.S. investor sentiment rose to a two-year high and billionaire Warren Buffett offered to buy the parent of the New York Stock Exchange.
“People are just positive that the economy is really going and now they’re putting money in the stock market,” Jerome Dodson, whose Parnassus Fund has beaten 99 percent of its peers in the past five years, said in a Jan. 29 phone interview. He oversees about $7.3 billion in San Francisco. “There’s much more confidence that the economy’s on stronger ground now.”
phantom_opera
04-02-13, 14:37
first timers, this is your last chance to get ABSD discount, do not procrastinate, Mai tu Liao, 7m population will send OCR to hk level of 2kpsf in next 10y
first timers, this is your last chance to get ABSD discount, do not procrastinate, Mai tu Liao, 7m population will send OCR to hk level of 2kpsf in next 10y
Rental will also go to HK level?
Our salary will also reach HK level?
Maid salary will also reach HK level?
and in the next 10year, what is HK level?
Rental will also go to HK level?
Our salary will also reach HK level?
Maid salary will also reach HK level?
and in the next 10year, what is HK level?
HK will be around where we are now (sg level)
phantom_opera
04-02-13, 15:14
I just spoke to a friend came back from BJ to escape toxic PM2.5 air ... he said Beijing is terrible, in entire month, barely a few days you have good air
check this chart
http://www.pm2d5.com/city/beijing.html
HK not too far behind in terms of pollution
And think about this ... Singapore BTO is so damn cheap, HK cheapest unit at NT(East)/(West) effective psf is 2000psf (if you factor in lift space, carpark etc) ... many talented ppl will rather become Singapore citizens
;)
HK will be around where we are now (sg level)
so you saying in 10 years time, singapore property price will increase to the current hk price and hk property price will decrease to the current singapore price?
phantom_opera
04-02-13, 15:41
so you saying in 10 years time, singapore property price will increase to the current hk price and hk property price will decrease to the current singapore price?
possible if HK becomes as polluted as Beijing today
http://www.scmp.com/sites/default/files/styles/486x302/public/2013/02/04/china_air_pollution_pek04_33788345.jpg
http://www.awaker.net/wp-content/uploads/2013/01/700_0e73694b680e66f58aa48869698d5d35.jpg
phantom_opera
04-02-13, 15:47
TOKYO - Japan's Nikkei share average climbed for a fifth straight day to a fresh 33-month peak on Monday as a softer yen led exporters higher, and hints of a recovery for troubled consumer electronics companies saw Panasonic Corp and Sharp Corp attract buying from retail investors.
The Nikkei rose 0.6 per cent to 11,260.35, and the broader Topix gained 1.4 per cent to 955.75.
Rental will also go to HK level?
Our salary will also reach HK level?
Maid salary will also reach HK level?
and in the next 10year, what is HK level?
now u understand why I so confused you sell all your properties in Singapore? on top of that, hanging around in this forum, u find prices of properties in Singapore will continue to rise. on top of that, got absd of 15 %.
u nice guy. at least u didn't try to talk down the property market. U accept as it is.
wat I don't understand is, the writing is on the wall and yet so many people cannot see. so many seem to be blind :confused:
now u understand why I so confused you sell all your properties in Singapore? on top of that, hanging around in this forum, u find prices of properties in Singapore will continue to rise. on top of that, got absd of 15 %.
u nice guy. at least u didn't try to talk down the property market. U accept as it is.
.......
you didnt notice the question marks ??
i was questioning on what basis singapore 7m population will send ocr price to S$2000psf in 10 years time?
you didnt notice the question marks ??
i was questioning on what basis singapore 7m population will send ocr price to S$2000psf in 10 years time?
u only need to look at indo over the past 5 years to figure out. look at jakarta today compared with 5 years ago.
that's why I still don't understand why u put ? when the writing is on the wall.
i hope you bot properties in indo like indomie. indomie bot many properties in indoneisa and Singapore.
Cheers indomie :cheers4: :cheers4:
phantom_opera
04-02-13, 17:27
Optima already transacted at 1500psf ... even there is a 20% correction later ... it is not hard to imagine 2000psf at D16 at 2020
2013-01-08 #XX-XX 700sqft 1,486psf
2010-06-30 950psf
ECO:
2013-01-04 #XX-XX NEW SALE 850sqft 1,520psf $1,292,415 HDB
u only need to look at indo over the past 5 years to figure out. look at jakarta today compared with 5 years ago.
that's why I still don't understand why u put ? when the writing is on the wall.
i hope you bot properties in indo like indomie. indomie bot many properties in indoneisa and Singapore.
Cheers indomie :cheers4: :cheers4:
Come on bro... I made mistake too. I sold a property in jakarta 3 months ago. I sold for 3 billion rupiah. Now the asking price is 3.6 billion rupiah.
Come on bro... I made mistake too. I sold a property in jakarta 3 months ago. I sold for 3 billion rupiah. Now the asking price is 3.6 billion rupiah.
rule number 1 on property investment.
NEVER SELL EVERYTHING. ALWAYS STAY VESTED.
u stay vested just in case u sala. if u sell everything and prices cheong or policy changes, u may not be able to afford anymore.
phantom_opera
04-02-13, 18:31
rule number 1 on property investment.
NEVER SELL EVERYTHING. ALWAYS STAY VESTED.
u stay vested just in case u sala. if u sell everything and prices cheong or policy changes, u may not be able to afford anymore.
very good advice, you reduce your position, not remove your position
phantom_opera
04-02-13, 19:51
relax and enjoy this classic
http://v.163.com/zongyi/V8KQBIPDO/V8LP4IHS4.html?v_pic
phantom_opera
14-02-13, 13:57
another sign of golden age :p
Come on bro... I made mistake too. I sold a property in jakarta 3 months ago. I sold for 3 billion rupiah. Now the asking price is 3.6 billion rupiah.
if you made a profit, what mistake is there?
if you made a profit, what mistake is there?
Just a moment ago I received an email saying a slightly smaller unit is asking for 4.6 billion rupiah from the developer...goodness gracious.
Just a moment ago I received an email saying a slightly smaller unit is asking for 4.6 billion rupiah from the developer...goodness gracious.
if you made profit, just be at peace with yourself. all these are hindsight. if the market crashes, you will be patting yourself on the back.
if you made profit, just be at peace with yourself. all these are hindsight. if the market crashes, you will be patting yourself on the back.
http://oi46.tinypic.com/29b0dc7.jpg
2 years ago only 1.6 billion now 4.6 billion. Look at the price in the picture.
Just a moment ago I received an email saying a slightly smaller unit is asking for 4.6 billion rupiah from the developer...goodness gracious.
"Seller's remorse". "Property is meant to be bought, not sold". Quotes from forumers here.
2 years ago only 1.6 billion now 4.6 billion. Look at the price in the picture.
made money and still complain??! :tsk-tsk:
phantom_opera
14-02-13, 15:23
don't fight the central banks ... put your money in hard assets, not cash
phantom_opera
16-02-13, 12:43
since gold has zero yield, SP500 has outperformed since QE2 ... stock investment sentiment is back to normal now
http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2013/02/20130215_goldspx1_0.jpg
don't fight the central banks ... put your money in hard assets, not cash
what about stocks?:o
phantom_opera
16-02-13, 12:47
what about stocks?:o
stocks = big fish eat small fish :spliff2: don't count on it to get rich, play for fun can :p
stocks = big fish eat small fish :spliff2: don't count on it to get rich, play for fun can :p
what about collect dividend from stocks for retirement?:o
what about collect dividend from stocks for retirement?:o
can never get rich from stocks but can sustain you for duration of remaining life i guess :beats-me-man:
can never get rich from stocks but can sustain you for duration of remaining life i guess :beats-me-man:
you don't need $1million to start retirement la..
it is also about lifestyle ;)
phantom_opera
19-02-13, 22:02
tonight Dow will chiong after going flat for a while?? hold your breath ;)
phantom_opera
20-02-13, 06:37
tonight Dow will chiong after going flat for a while?? hold your breath ;)
Dow & S&P Surge To New 5-Year Highs, USD Unch
http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2013/02/20130219_EOD8_0.jpg
phantom_opera
20-02-13, 14:13
the fun has just begun
Asian shares hit 18-month high on growth hopes
the fun has just begun
Asian shares hit 18-month high on growth hopes
mini euphoria, followed by steep correction in mid april
phantom_opera
20-02-13, 19:46
mini euphoria, followed by steep correction in mid april
wow u dare to put mid April .. so chun?
judging from dow gold ratio ... Dow 15,000 and gold 1,500 will be the MAJOR resistance so Dow still has 1,000 points to go
http://home.earthlink.net/~intelligentbear/dj-au-ratio-mt.gif
phantom_opera
20-02-13, 22:32
Gross: Bond Vigilantes are no more. Central bankers are the masters of the universe but the question is: Are they vigilant?
wow u dare to put mid April .. so chun?
judging from dow gold ratio ... Dow 15,000 and gold 1,500 will be the MAJOR resistance so Dow still has 1,000 points to go
it wun happen in Q1. it has to happen. timeline is between early to mid april. we shall see. :)
phantom_opera
25-02-13, 10:48
THE world's biggest equity bull market is propelling Philippine valuations to all-time highs as international investors pile into the country's stocks in an endorsement of President Benigno Aquino's economic policies.
The Philippine Stock Exchange Index climbed 13 per cent this year till yesterday, bringing gains since October 2008 to 285 per cent, at least 124 percentage points more than every other bull market in emerging and developed nations, according to data compiled by Bloomberg
=> ok, golden era has arrived for Pinoys :cheers2:
Friend. How about Gold? Is it good investment and when to go in?
THE world's biggest equity bull market is propelling Philippine valuations to all-time highs as international investors pile into the country's stocks in an endorsement of President Benigno Aquino's economic policies.
The Philippine Stock Exchange Index climbed 13 per cent this year till yesterday, bringing gains since October 2008 to 285 per cent, at least 124 percentage points more than every other bull market in emerging and developed nations, according to data compiled by Bloomberg
=> ok, golden era has arrived for Pinoys :cheers2:
Friend. How about Gold? Is it good investment and when to go in?
depends do you think equity have legs? Coz its always opposite directions. Equity up gold down. gold up equity down.
Hi BJ
Too lazy to look for yr thread on landed property will crash... Haha. I had coffee with my friend over the weekend, they bot a old landed property in D10 for $9m and just 1-month ago, the neighbor, same condition just sold for $$15m... It is a cool $6m over 2 years... How to make this kind of money? My friend is so blessed.:cheers1:
phantom_opera
25-02-13, 11:38
Friend. How about Gold? Is it good investment and when to go in?
Dow / gold ratio = 10 coming soon ... the hard part is to guess how much is Dow how much is gold :D
phantom_opera
25-02-13, 13:40
Japan: Stocks close up 2.43%
market bets that the new central bank chief of Japan is another Helicopter Ben
and the world as of today
http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2013/02/20130224_gk2_0.jpg
enough $$ to eat...i happy liao.. :ashamed1::o
Dow / gold ratio = 10 coming soon ... the hard part is to guess how much is Dow how much is gold :D
the lower the ratio, the more valuable gold is ?
Friend. How about Gold? Is it good investment and when to go in?
how much profit on gold do you think is worthwhile for you to enter? say now 1,600... 2,000 good enough?
Dow / gold ratio = 10 coming soon ... the hard part is to guess how much is Dow how much is gold :D
someone told me if you have to force USD to peg to gold today, gold is worth something like USD80,000. maybe our wise economy frens can confirm this.
someone told me if you have to force USD to peg to gold today, gold is worth something like USD80,000. maybe our wise economy frens can confirm this.
i'm no economist and have no idea. although i'm gonna spout something that's pretty commonsensical, we have to stick with the greenback for the lack of a better alternative
phantom_opera
28-02-13, 08:41
Bernanke is the Master of Deception ... release FOMC to scare Wall Street but twist and turn in front of Senate
Dow Jones
14,075.37 +175.24 (1.26%)
S&P 500
1,515.99 +19.05 (1.27%)
Nasdaq
3,162.26 +32.61 (1.04%)
but APPL price action looks "444" to me:
AAPL 444.57 -4.40
Bernanke is the Master of Deception ... release FOMC to scare Wall Street but twist and turn in front of Senate
Dow Jones
14,075.37 +175.24 (1.26%)
S&P 500
1,515.99 +19.05 (1.27%)
Nasdaq
3,162.26 +32.61 (1.04%)
but APPL price action looks "444" to me:
AAPL 444.57 -4.40
so conclusion, is the golden age here to stay? :D
meaning hold on to existing prop tight tight ? :D
phantom_opera
28-02-13, 10:14
so conclusion, is the golden age here to stay? :D
meaning hold on to existing prop tight tight ? :D
We must worship to Helicopter Ben and Abenomics to extend the golden age of shrinking fiat money :scared-3:
We must worship to Helicopter Ben and Abenomics to extend the golden age of shrinking fiat money :scared-3:
And the people of italy who refuse austerity. Let it be known that any attempt to stop printing money will be dealt swiftly by throwing the gov out of office.
phantom_opera
28-02-13, 10:46
And the people of italy who refuse austerity. Let it be known that any attempt to stop printing money will be dealt swiftly by throwing the gov out of office.
UK is signaling they will follow Japan too ... take the easy way out :doh:
Abe Mulls Middle East Tour With Eye On Gas Prices
TOKYO (Nikkei)--Prime Minister Shinzo Abe hopes to visit Middle Eastern nations between the end of April and early May to ask their cooperation on stable procurement of energy, which may include requests to cut prices for natural gas.
phantom_opera
28-02-13, 11:09
http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2013/02/Bernanke%20prayer.jpg
:not-worthy: :not-worthy: :not-worthy: Long live my Drug Lord
UK is signaling they will follow Japan too ... take the easy way out :doh:
Abe Mulls Middle East Tour With Eye On Gas Prices
TOKYO (Nikkei)--Prime Minister Shinzo Abe hopes to visit Middle Eastern nations between the end of April and early May to ask their cooperation on stable procurement of energy, which may include requests to cut prices for natural gas.
Unfortunately, USA need a high fuel price to offset their lack of competitiveness. If fuel price is low, the US company can't compete in their own turf. They need the fuel price high so that imported goods carry a significant transport cost.
Japan on the other hand, is looking at their profit margin (from the recent yen plunge) wiped out due to high energy importation. Catch 22 situation, low yen, but high fuel cost. What good is that?.
economic is not easy to study :o
UK is signaling they will follow Japan too ... take the easy way out :doh:
Abe Mulls Middle East Tour With Eye On Gas Prices
TOKYO (Nikkei)--Prime Minister Shinzo Abe hopes to visit Middle Eastern nations between the end of April and early May to ask their cooperation on stable procurement of energy, which may include requests to cut prices for natural gas.
but that's political suicide. the current UK PM was voted in because of his campaign to cut down debt
phantom_opera
28-02-13, 15:48
High petro price really takes toll on the middle class... I am sure for ppl who travel frequently you will realize that the fuel surcharge is ridiculous ... sometimes a travel package is 700 and the fuel surcharge is 400
Of course to the ultrarich 400 surcharge is peanut
:banghead:
Some1 posted he bought FB
Sell signal detected
next support at approx USD25
High petro price really takes toll on the middle class... I am sure for ppl who travel frequently you will realize that the fuel surcharge is ridiculous ... sometimes a travel package is 700 and the fuel surcharge is 400
Of course to the ultrarich 400 surcharge is peanut
:banghead:
no wonder so expensive if go on agency tour package..
In Europe, we have a clown competing with playboy for presidency where they are against austerity. In US we have the ceiling depth crisis. So how? Tomorrow?:doh:
In Europe, we have a clown competing with playboy for presidency where they are against austerity. In US we have the ceiling depth crisis. So how? Tomorrow?:doh:
No country on earth now will take austerity anymore. Tomorrow or the next 10 years it will be print, print, print. USA is determined if she cannot survive, then nobody else will.
In Europe, we have a clown competing with playboy for presidency where they are against austerity. In US we have the ceiling depth crisis. So how? Tomorrow?:doh:
the world will be in chaos for a period of time..
:o
phantom_opera
01-03-13, 08:46
No country on earth now will take austerity anymore. Tomorrow or the next 10 years it will be print, print, print. USA is determined if she cannot survive, then nobody else will.
printing is ok as long as no Hilter II taking over as US President :scared-1:
BOJ Seen Spiking Punchbowl in April Under New Chief Kuroda
By Toru Fujioka and Keiko Ujikane
February 28, 2013 8:29 PM EST
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The Bank of Japan (8301) may add monetary stimulus as early as April as prospective governor Haruhiko Kuroda looks to demonstrate a more aggressive approach to tackling 15 years of falling prices.
Kuroda, the current Asian Development Bank president, would take office after Governor Masaaki Shirakawa retires March 19, if confirmed by Parliament following his official nomination yesterday. Analysts at banks from Nomura Holdings Inc. to Mizuho Securities Co. see more easing as soon as an April 3-4 meeting.
Given a jump in Japanese stocks and slide in the yen in recent months in anticipation of greater stimulus under the new leadership, any failure to move in April risks disappointing investors, ex-Bank of England central banker Adam Posen said this week. With a third-straight fall in consumer prices in January showing the scale of his challenge, Kuroda may seek to adjust the timing, size and type of assets the BOJ buys.
“The party has just started,” said Masaaki Kanno, chief Japan economist at JPMorgan Chase & Co. in Tokyo, who in January predicted that Kuroda would get the job. “Give us more alcohol and get us excited -- he will do that,” Kanno said of Kuroda, predicting that the bank’s open-ended bond purchases --currently scheduled to begin in January -- will be brought forward to May or June.
Unfortunately, USA need a high fuel price to offset their lack of competitiveness. If fuel price is low, the US company can't compete in their own turf. They need the fuel price high so that imported goods carry a significant transport cost. .
shouldn't cheap shale gas help USA on their competitiveness?
shouldn't cheap shale gas help USA on their competitiveness?
As the ruler of "petro-dolar" USA wants the petrol price to be expensive. If petrol priced in USD is cheap, who want to priced their oil in USD?. If no nation is using USD in their oil transaction, the USD will be worthless like a toilet paper.
http://ftmdaily.com/preparing-for-the-collapse-of-the-petrodollar-system/
http://ftmdaily.com/preparing-for-the-collapse-of-the-petrodollar-system/
thx for sharing.. :o
thx for sharing.. :o
I was hoping that u will read it.
I was hoping that u will read it.
can't expect to throw my money into property now ,right? :(
somemore, my cashflow isn't high end side leh..
so, i am taking every step very carefully nowadays..
but if you got anything that can help preserve my wealth without taking much risk, do share.. :ashamed1::ashamed1:
currently, i am thinking of set a side small part of $$ to get gold first..
:o
can't expect to throw my money into property now ,right? :(
somemore, my cashflow isn't high end side leh..
so, i am taking every step very carefully nowadays..
but if you got anything that can help preserve my wealth without taking much risk, do share.. :ashamed1::ashamed1:
currently, i am thinking of set a side small part of $$ to get gold first..
:o
The key to USD dominance is monopoly. Currently USD monopoly is being challenge with china. However china is not in the hurry to take global dominance from the US. China prefers to play economic games, rather than political games. China would rather US to be the one that play the political games and bear the cost of being the global police. This delicate dance will last for years or even decades. Market can remain irrational longer than u can stay solvent.
Indeed in irrational market is where we can make money. In completely rational market, there is no money to make.
The key to USD dominance is monopoly. Currently USD monopoly is being challenge with china. However china is not in the hurry to take global dominance from the US. China prefers to play economic games, rather than political games. China would rather US to be the one that play the political games and bear the cost of being the global police. This delicate dance will last for years or even decades. Market can remain irrational longer than u can stay solvent.
thanks for sharing. very enlightening post. :o
phantom_opera
01-03-13, 21:21
The automatic spending cut of 85b is really a joke
It is equivalent of 1 month of Fed QE only
Yet they make it sound like end of the world
But u know the truth by looking at Dow ... still at 14k
The automatic spending cut of 85b is really a joke
It is equivalent of 1 month of Fed QE only
Yet they make it sound like end of the world
But u know the truth by looking at Dow ... still at 14k
of course must report positive news..
:D
of course must report positive news..
:D
Take a look around us. Nothing last forever. In investment, the philosophy is similar. Today's winner is good enough. That's good enough news. If u invest in the biggest con artist of them all, u will for sure get yourself very rich. If u learn history, even the biggest empire will fail some day. Just make sure that u don't invest in an empire that past its hey day.
phantom_opera
04-03-13, 08:34
The Nikkei advanced to 11,719, eclipsing the previous 53-month high of 11,662.52 hit on Feb 25.
Kuroda: Assets, Amounts BOJ Now Buys Not Enough To Meet 2% Target :doh:
phantom_opera
04-03-13, 08:38
TOKYO (NQN)--Japan's monetary base for February expanded 15% on the year to 129.31 trillion yen, marking the 10th straight month of increase, the Bank of Japan said Monday.
The balance of banknotes issued rose 3.1% to 82.34 trillion yen. The current-account balance held at the central bank surged 51.2% to 42.41 trillion yen.
The monetary base is the total balance of current accounts deposited at the central bank by private financial institutions, as well as banknotes and coins in circulation.
phantom_opera
08-03-13, 20:39
both Nikkei and Dow futures hit another all time high
Yen weakened to 95.8 yen per USD
http://www.nikkei.co.jp/gifdata/nk_chart_S.gif
Dow futures at 14,412 up 89pts
Dow@15k here it comes ;)
Payrolls Surge By 236,000 In February, Unemployment Rate Slides To 7.7%
phantom_opera
08-03-13, 20:42
China is complaining Japan dumping Yen and treat China as "rubbish bin"
:scared-1:
phantom_opera
09-03-13, 06:59
so enlightening
http://www.sovereignman.com/wp-content/uploads/2013/03/gasoline-vs-dow.jpg
bargain hunter
09-03-13, 08:53
thanks for the updates. :) good information.
phantom_opera
11-03-13, 15:27
Australia: Shares hit fresh 4-1/2 year high
Japan: Nikkei closes at 4-1/2-yr high
phantom_opera
14-03-13, 07:30
DJI up 9 days in a row but there is something even more exciting, that is DJT ... very soon you will realize how powerful this bulll can be :p
http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2013/03/20130313_EOID3_0.jpg
DJT = Dow jones transport?
phantom_opera
14-03-13, 22:41
DJT = Dow jones transport?
yup ... if DJI closed up today ... it will be up 10 DAYS IN A ROW
yup ... if DJI closed up today ... it will be up 10 DAYS IN A ROW
Prefer it take a break like asia. Resting is to prepare to walk a longer distance.
BOJ now governor will make sure QE does its job. To inflate the Japanese economy by minimum 2%.
So much cash... scary!!
phantom_opera
15-03-13, 14:10
BOJ now governor will make sure QE does its job. To inflate the Japanese economy by minimum 2%.
So much cash... scary!!
Once upon a time ...
http://static.cdn-seekingalpha.com/uploads/2013/1/3/212702-13572038364733217-H-J--Huneycutt.jpg
phantom_opera
15-03-13, 17:01
TOKYO - The Nikkei share average closed at a fresh 4-1/2-year high on Friday on growing expectations the central bank will ease monetary policy aggressively under its new leadership.
The Nikkei advanced 1.5 per cent to 12,560.95, the highest level since early September 2008. For the week, the index gained 2.3 per cent, logging the fourth straight weekly gain.
bargain hunter
15-03-13, 17:20
hk suddenly fell after 4pm and brought sti with it. news cited usual ppty curbs in hk and china but could there be something more?
hk suddenly fell after 4pm and brought sti with it. news cited usual ppty curbs in hk and china but could there be something more?
CAPL suddenly tumbled 4% in the last second ! Some new rumours coming ?
bargain hunter
15-03-13, 19:43
a lot of sti stocks all saw huge married deals and ppty stocks saw last minute dumping. i think its more of a major fund selling out than becoz of upcoming news.
CAPL suddenly tumbled 4% in the last second ! Some new rumours coming ?
The thing is, what is this upcoming news ?? :confused:
Hey CAPL movement is huge. 3.54 was at closing time. Tumbled to 3.4 at post trading match !
bargain hunter
15-03-13, 22:09
u can see that many other stocks experienced a big move during the 5 to 5.05pm matching exercise, just that CAPL's move is larger in %.
e.g. UOB pushed up, UOL pushed down from high etc. almost all the sti/MSCI component stocks had some kind of move up or down. more of a big portfolio adjustment/re-balancing that stock/sector specific news it seems.
maybe some fund really in a rush to exit property stocks as they think outlook is no good lor.
The thing is, what is this upcoming news ?? :confused:
Hey CAPL movement is huge. 3.54 was at closing time. Tumbled to 3.4 at post trading match !
Yes I saw. I pick CAPL because I'm vested. ;)
If this is fund "rebalancing", it could be sued for manipulating index. Like what Deutschbank got sued in Korea. Too huge a move at post trade matching.
bargain hunter
15-03-13, 22:24
aiyah, not the first time mah. every year at least got a few days which are like this. u cannot sue them one. they are serious sellers, where got manipulate?
Yes I saw. I pick CAPL because I'm vested. ;)
If this is fund "rebalancing", it could be sued for manipulating index. Like what Deutschbank got sued in Korea. Too huge a move at post trade matching.
aiyah, not the first time mah. every year at least got a few days which are like this. u cannot sue them one. they are serious sellers, where got manipulate?
Who say cannot sue, sure can one. Hey every time this thing happens, SGX ppl got to investigate and write report one you know ? ;) It's a matter of want to pick or not.
Hi i am very keen to buy some capl next monday. It could be some property related upcoming measures in china?
bargain hunter
15-03-13, 23:23
yes, but someone will be able to explain it. and nobody will explain it to the public. :tongue3:
Who say cannot sue, sure can one. Hey every time this thing happens, SGX ppl got to investigate and write report one you know ? ;) It's a matter of want to pick or not.
bargain hunter
15-03-13, 23:26
not sure if still can get at this price on monday.
Hi i am very keen to buy some capl next monday. It could be some property related upcoming measures in china?
usually will gap up on monday for this kind of case.
phantom_opera
21-03-13, 11:59
fairy tale continues
TOKYO - Japan's Nikkei share average rose to a 4-1/2 year high on Thursday as exporters gained on the news of the US Federal Reserve's pledge to maintain stimulus, and expectations of further monetary easing by the Bank of Japan's new leadership.
The Nikkei rose 1.2 per cent to 12,618.01 at the midday break.
phantom_opera
25-03-13, 18:10
judging from Dow futures, another record high in sight
Wall Street
14586.1
14589.9
+74.0
phantom_opera
27-03-13, 15:03
17y of S&P500, so beautiful, S&P500 finally is about to break out
http://2.bp.blogspot.com/-9cKcO1DQ2N8/USTKMLcMUwI/AAAAAAAACYM/4MQNwTnGg8o/s640/17%20year%20s&p%20500.png
Nice chart , however ........ :beats-me-man:
If it really break & stay 5% higher , then it will just break new high again and again next 3yrs!
We all know what the meaning of double TOP, it will crash down , just like sept 2008, if this time is triple Top ..... Oh .... The crash will made Many bankrupt :banghead:
Of course, I do hope it break new high and fly away ;)
17y of S&P500, so beautiful, S&P500 finally is about to break out
http://2.bp.blogspot.com/-9cKcO1DQ2N8/USTKMLcMUwI/AAAAAAAACYM/4MQNwTnGg8o/s640/17%20year%20s&p%20500.png
17y of S&P500, so beautiful, S&P500 finally is about to break out
http://2.bp.blogspot.com/-9cKcO1DQ2N8/USTKMLcMUwI/AAAAAAAACYM/4MQNwTnGg8o/s640/17%20year%20s&p%20500.png
Ur graph looks like e peak will occur in 2014 n crash thereafter, according to e cycle.
phantom_opera
28-03-13, 10:33
dun worry, hot money printed just rotating into stocks
Indonesian shares hit record high
dun worry, hot money printed just rotating into stocks
Indonesian shares hit record high
The increase in shares price is real. This is not a bubble. The same goes to property prices. This is the effect of global debasement of currencies. Equities and hard assets will never come down in any significant way.
This is in effect a regressive taxation against the poors. Their cash values are being devalued while inflation goes rampant.
phantom_opera
28-03-13, 23:39
S&P500 traded above previous record
would it close at all time high tonight??
phantom_opera
28-03-13, 23:56
China-A today closed down 2.8% below 2,250 ... watch out for this Friday's closing
SP500 all time high, China A sideway consolidation 1/3 below peak :eek:
Golden words!
The increase in shares price is real. This is not a bubble. The same goes to property prices. This is the effect of global debasement of currencies. Equities and hard assets will never come down in any significant way.
This is in effect a regressive taxation against the poors. Their cash values are being devalued while inflation goes rampant.
for the benefit of those who are still trying to understand the meaning of debasement:
a : to reduce the intrinsic value of (a coin) by increasing the base-metal content
b : to reduce the exchange value of (a monetary unit)
phantom_opera
29-03-13, 09:48
ok, S&P500 closed at historical high
Russel 2000 long time ago already broke out lah
http://finance.yahoo.com/q/bc?s=%5ERUT&t=5y&l=on&z=l&q=l&c=
phantom_opera
29-03-13, 09:56
the new golden era of fair tale economy supported by 8T new money is dawning
http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2013/03/20130328_EOD3_0.jpg
And yet PE isn't necessarily near record highs.
Amber Woods
29-03-13, 11:26
'Run for the Hills' Now, I'm Doing It: Jim Rogers
The EU/IMF raiding bank accounts in Cyprus to bail out the country's financial system sets a dangerous precedent and investors should "run for the hills" said investor Jim Rogers, chairman of Rogers Holdings, on "Squawk on the Street" (http://www.cnbc.com/id/15838381) Thursday.
Rogers said that with Cyprus, politicians are saying that this is a special case and urging people not to worry, but that is exactly why investors should be concerned.
"What more do you need to know? Please, you better hurry, you better run for the hills. I'm doing it anyway," Rogers said. "I want to make sure that I don't get trapped. Think of all the poor souls that just thought they had a simple bank account. Now they find out that they are making a 'contribution' to the stability of Cyprus. The gall of these politicians."
"If you're going to listen to government, you're going to go bankrupt very quickly," he added.
"I, for one, am making sure I don't have too much money in any one specific bank account anywhere in the world, because now there is a precedent," he said. "The IMF has said 'sure, loot the bank accounts' the EU has said 'loot the bank accounts' so you can be sure that other countries when problems come, are going to say, 'well, it's condoned by the EU, it's condoned by the IMF, so let's do it too.'"
Jim Rogers, a voice closely followed by market participants, began shorting financials, home builders and Fannie Mae in 2006, and is famous for co-founding the Quantum Group of Funds with billionaire George Soros. Quantum is famously regarded for "breaking" the Bank of England and forcing a devaluation of the pound. (http://www.investopedia.com/ask/answers/08/george-soros-bank-of-england.asp)
(Related: Cyprus Banks Reopen, Under Tight Controls (http://www.cnbc.com/id/100599666))
Rogers said that he has started the process in several European countries to get his bank accounts under the insured amounts. "Everybody should do the same thing too, because they're going to go crazy the next time around," he said.
In Europe, Rogers said that he owns Swiss francs and several long-term investments he's had for decades, but added that he is "certainly not buying there. It's pretty scary what's going on in Europe, especially when they're taking money out of people's bank accounts."
On the stock market hitting all-time highs, Rogers said that "it is very artificial. If you give me a trillion dollars, I'll show you a good time too and a lot of people are having a good time. I'm somewhat skeptical because I know it's going to end badly."
(Related: Rally Like a Broken Record as S&P Scores New High (http://www.cnbc.com/id/100600091))
"I'm certainly not investing in the U.S., because the U.S. is making all-time highs based on money printing," he said, adding that he's put money in Russia and Japan recently. "The whole world is benefiting from all this money being printed, but there are better places than where the all-time high is."
phantom_opera
29-03-13, 11:39
Jim Rogers admitted he is bad at short term
on hindsight even even fools who buy genting perpetual bond is better than savers thanks to Abe n bernanke
phantom_opera
29-03-13, 14:44
of couse, nothing can beat Temasek's 17% compound return since inception, u invested 100 in 1974, it becomes 38k today
imo, the marketing team who put the 17% figure should be hanged
http://www.tremeritus.org/wp-content/uploads/2013/03/Balding-Picture-2.jpg
'Run for the Hills' Now, I'm Doing It: Jim Rogers
...
Rogers said that he has started the process in several European countries to get his bank accounts under the insured amounts. "Everybody should do the same thing too, because they're going to go crazy the next time around," he said....
errr....he is a billionaire
so 1,000,000,000 divided by 100,000 = 10,000 accounts in 10,000 different banks which participate in insurance scheme ???
maybe he dont hold much cash.
phantom_opera
31-03-13, 22:46
yes, Jim Rovers is commodity bull ... if u think S&P500 has a great return, think again
http://1.bp.blogspot.com/_1o2wiBm5r_M/TUeXnb9m4XI/AAAAAAAAB4o/LNWz6ArK9rk/s1600/Picture9.png
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