Gold surged![]()
Gold surged![]()
Ride at your own risk !!!
Yey!!![]()
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Helicopter Ben and Barrack Obama are here to stay to ensure prosperity of SG property investors
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Ride at your own risk !!!
YES! for those who are vested.
OH NO!!!! for those who are still on the sidelines
amazing ... Obama for Gold![]()
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Ride at your own risk !!!
Last month during a members' only conference call, Money and Markets released a survey to show that if Obama wins, more investors will dump shares for gold, and vice versa if Romney wins.
From this morning onwards, there is a very long queue of people waiting to buy physical gold. Of course these people are not ordinary folks. They are more like the rich middle class and the professional investors.
As the Federal Reserve moves to stimulate a stalled economy through debt purchases, Rogers says markets should expect the status quo to remain the same.
“If Obama wins, it’s going to be more inflation, more money printing, more debt, more spending.” Rogers told CNBC, saying he expected to sell U.S. government debt and buy precious metals, such as gold [XAU= 1722.046.70 (+0.39%)
]. “It’s not going to be good for you me or anybody else.”
“It looks to me like the money printing is going to run amok now, and spending is going to run amok now,” Rogers stated. “I have to invest based on what’s happening and not what I would like.”
Really?Originally Posted by phantom_opera
Investors rush to buy gold because of the lack of trust of money printing, Federal Reserve and their government.
This is just the start. See what happen comes the 'fiscal cliff' on 1 January 2013.
U really think they will slam the brake?Originally Posted by vip
Leeds, I am quoting an ex-partner of Jim Rogers at Quantum Fund.
You just have to read between the lines every time you hear from the crafty George Soros.
I wonder what is up his sleeves. After his successful attack on British pound and Asian currrencies, what is he targeting next, the USD, the euro, or the bonds?
Soros says Obama victory means 'more sensible politics'
REUTERS - Billionaire investor George Soros said late Tuesday that the projected re-election of President Barack Obama will open "the door for more sensible politics."
Soros, who has contributed mightily to Democratic causes and supported many liberal and progressive groups, told Reuters: "I'm delighted that President Obama has won. The American electorate has rejected extremist positions."
In an email exchange, Soros, who was in Budapest, said he hopes "the Republicans in office will make better partners in the coming years."
He noted that cooperation between America's political parties is "urgently" needed to deal with the so-called fiscal cliff - the yearend combination of expiring Bush-era tax reductions and steep cuts in domestic spending.
Soros, 82, rose to fame and fortune two decades ago on a now-historic trade in which he took on the Bank of England and shrewdly wagered on a devaluation of the British pound.
Last year, Soros, who frequently speaks out on world economic events, converted his hedge fund into a "family office," managing money for relatives and friends. He stopped managing money for outside investors.
Celebration![]()
Not only Gold.. Obama for COE.. etcOriginally Posted by phantom_opera
That's why you can see today's COE chiong inline with his victory!!![]()
CAT A - $77k, CAT B - $92k..
S'pore Housing price will also chiong like no tomorrow!!!![]()
i only got 3 words to describe my feeling...ho say liao...![]()
damm now cannot extend coe on my fellali...Originally Posted by Rysk
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whats the connection obama iikes gold...deepavali coming...Originally Posted by phantom_opera
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Love from Sydney
Based on the US President Election result, I have decided to spend more on this trip....
UBS just said cut 10k staff, now is ING
ING cuts 2,350 jobs, posts profit plunge
=> For those who got retrenched, Singapore/Hong Kong will be on the radar
Ride at your own risk !!!
In-fla-TOC-ra-cy (noun) 1. A new form of government of, by and for inflation. 2. Government that deliberately debases its paper money for social engineering, mind manipulation, wealth redistribution, secret taxation and seizing more power.
Ride at your own risk !!!
Sori, I don't understand your last statement?Originally Posted by phantom_opera
Sg / HK on radar for retrenchment?
he means those who got retrenched in europe will come sg.hk to work...low end workers rent hdb...high end will rent pc...singapore will huat....Originally Posted by Laguna
but what if sporean get retrenched.......go where...
sentosa....![]()
PC Fire sale?Originally Posted by radha08
A wise man once said...2015 will drop by 50%...Originally Posted by DC33_2008
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Originally Posted by DC33_2008
Good for China and Asia. Less trade war........![]()
Same same, how to buy now???Originally Posted by radha08
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DJ and Europe tanked last night. Why ah?
Signalling to Obama to print more in the name of fiscal cliff? Addicted now...
at least we don't have a US president that wants to blast Iran into outer space, wipe out palestine, bully China into raising their exchange rates, kill off (literally) big bird and elmo
Originally Posted by Laguna
ahh, don't benefit the Oz too much
Stock down expected Obama to raise Corp tax
Ride at your own risk !!!