Just now, Adumbration said:

This is true.  They are way behind the curve because they are scared of popping the residential property market.  But as kiyosaki rightly point out it is different this time around.  This time it is going to down and dirty...fighting over food dirty....keep the housing bubble inflating is pointless if people can no longer feed their families.

.75 move by RBA next month.  Flag my post and your .5 prediction.  We will compare notes first tuesday next month.

Bet you 2 beers

Just now, Sparktrader said:

Houses went up 20%. If they fall 16% back to same level.

 

Unless prices fall by 25% or more no real issue.

No incorrect.  You are ignoring the extent people have been living off equity.  Have a look at the levels of equity draw downs and reverse mortgages.

Just now, Sparktrader said:

Bet you 2 beers

No you need to give me odds because you are mainstreaming your prediction.  3:2 sounds odds sounds right and lines up with .75:.5 also

53 minutes ago, JeffersLos said:

 That's what we read 5 years ago at $2000

bitcoin only had 1 run up since then, 

Just now, Adumbration said:

No you need to give me odds because you are mainstreaming your prediction.  3:2 sounds odds sounds right and lines up with .75:.5 also

3 beers vs 2 beers

 

Just now, dj230 said:

bitcoin only had 1 run up since then, 

Wrong

I have significant cash holding in Australia at the moment.  None of the banks have passed on a single dime of the the recent rate rises.  So that is a very big issue for me.  

 

I also don't expect them to.

Edited June 13, 20224 yr by Adumbration

4 bull mkts

1 minute ago, Adumbration said:

I have significant cash holding in Australia at the moment.  None of the banks have passed on a single dime of the the recent rate rises.  So that is a very big issue for me.  

 

I also don't expect them to.

Better to buy shares. Bhp 10.5%.

I predict in end of month we will se a significant rise in gold price. 2000usd ounce? 
 

I saw the prediction for 2023 and bayond it is going to dip ounder 1600, usd pr ounce, well we will see. 

5 minutes ago, Sparktrader said:

Better to buy shares. Bhp 10.5%.

I am entirely in cash at present including my super.  I will be reentering the market after the correction.

 

This will be a once in a life time opportunity.

 

Make sure you have tight stop losses in on your BHP.

Edited June 13, 20224 yr by Adumbration

These kids are scared sH**less at the moment waiting for this morning opening on the ASX.

 

https://www.reddit.com/r/ASX_Bets/

 

Good forum for a laugh actually.

11 minutes ago, dj230 said:

bitcoin only had 1 run up since then, 

You're incorrect. 

20 to 30% downside risk dow imo

 

 

Is there a major crash going on or just normal stock movements ?

2 minutes ago, Mac Mickmanus said:

Is there a major crash going on or just normal stock movements ?

We have to wait and see, but we all know we are on a roll downwards! And it is going to hit hard for most people world wide. 

6 minutes ago, Mac Mickmanus said:

Is there a major crash going on or just normal stock movements ?

Market sell off atm

Who can predict a crash?

 

 

1 minute ago, Sparktrader said:

Market sell off atm

Who can predict a crash?

 

 

Its rumoured that you are about to make a move and sweep up the dips

 

 

 

20 to 30% fall imo dow

 

25% over valued imo

Double dip!

1 hour ago, Sparktrader said:

4 bull mkts

those are double tops of the same rally lol, your chart shows 2 rallys which is typical for any pump and dump. I was replying to the comment about 5 years ago, only 1 rally had happened. 

 

Edited June 13, 20224 yr by dj230

3 minutes ago, dj230 said:

those are double tops of the same rally lol, this chart shows 2 rallys which is typical for any pump and dump. I was replying to the comment about 5 years ago, only 1 rally had happened. 

Rubbish

4 bull mkts

1 was massive

23 minutes ago, Sparktrader said:

20 to 30% fall imo dow

 

25% over valued imo

Not enough info about your prediction.  Is that a two day crash to -30% or death by a thousand cuts over until november.

3 minutes ago, Sparktrader said:

Rubbish

4 bull mkts

1 was massive

I guess if you consider a double top 2 separate rallies

 

Double top in 10 days is one rally. Double top in 6 months two markets.

8 minutes ago, Adumbration said:

Not enough info about your prediction.  Is that a two day crash to -30% or death by a thousand cuts over until november.

No idea. 25% overvalued on pe

 

Might take 2 months or 5

Headache now!

Goodnight

9 hours ago, Sparktrader said:

Imo

2% coins

8% gold

70% shares

20% cash

 

You cant lose much at 2%.

WHAT??????  Buffet doesn't own Gold!!!!!!

 

The schadenfreude is killing me.....

 

In happier news, bitcoin wealth bragging now at an all time low!................