All Activity

This stream auto-updates   

  1. Earlier
  2. Gold has been a nice hedge against a declining AUD. I don't see the AUD recovering until the next commodity bull market... which may coincide with a major war cycle, so nothing to celebrate. I'm still bullish on the USD. The trade wars and what's going on in Hong Kong is not good for global trade or for China. I spoke with people in a company that deals internationally, particularly in Latin America, and said business was down quite a bit in the last year - Australia was actually the strongest for them. Swaize - want to be my hedge fund manager? I don't have time to keep up with what's happening in the markets. I was actually thinking of contacting Marty to see if he'd like me to organise a WEC in Australia for him... I'm just a bit disorganised at the minute.
  3. By the way, the forecast on the Dow is: 2021/22 high at 33.000-35.000 so im thinking to buy more on a september or november low this year
  4. by the way how is it going with the australian real estate collapse? Here are the turning points for australias stock market. August and December turnpoints with action in the market august and september By the way, @Mr Medved do NOT expect the next crysis to just be a stock crash. And also, stocks can decline much later after a recession or slump already started.
  5. And your grandchildren? How will they do?
  6. Thanks SC. Been a while since I've read the serenity prayer. The version you present is the current Alcoholics Anonymous prayer apparently attributed to Dr Reinhold Niebuhr - Christian theologian, or ""!! Thanks for that. I guess that is what I am trying to do. Live one day at a time. Enjoy one moment at a time. Trying to change the things I can. Recognising my very many human limitations in other places. As Jordan Peterson states. "Tidying up my own room first." I could converse with you about any number of things in your submission. We would likely end up disagreeing about most of them. Life's too short. Thanks though for replying and reflecting upon your own decision processes. You will do well in the world.
  7. Even John Howard of all people...
  8. I think you're on to something...
  9. I'm genuinely happy for you and hope it works out. Weird to hear a house price with a one in front of it! Legal decisions are made on evidence. Policy decisions are made on evidence (or at least they should be) IMHO. In my book evidence is the basis of rationality in decision making. I appreciate this involves certain philosophical beliefs that I hold. I take very little on faith. I'll give you an example. I phoned my insurance company to report a modification to my vehicle. I was advised by the rep that I was not required to report such modifications. I was surprised and requested a copy of the policy to check. The policy clearly described that if I didn't report such modifications then the insurance company was within its rights to not pay the policy. I called back and was given the same advice, I stopped the rep and related the section detailing my "responsibilities". I then got to report my modifications. If I'd taken that advice on faith, I could have voided my policy. I'd be up for thousands. In god we trust, all others bring evidence. My mum had the prayer of serenity on the wall when I was growing up. I'm an atheist as you know but that does not render religious doctrine without merit. I regard the bible generally as a rule book for harmonious society. (except for the weird old testament stuff) The science of climate change falls into the category of things that can be changed. Just like the ozone hole and the banning of clorofluorocarbons. We managed that OK. The point is that it's not even that the climate hasn't changed before. It's the rate of change that is the distinguishing feature of this event. It's so rapid that it does not allow most species to evolve quickly enough. The timescale of the change is too short.
  10. Thanks SC. Wasn't an easy decision, but at least we will have a home, (or an investment!!) I am comfortable with you disagreeing with me. Evidence is the operative word in your statement. Some people require more evidence than others, before they "believe" it. Others are happy with a limited amount. Some only need a minute amount of evidence. Some simply believe based purely on faith, in a particular person, or group. We all use this process every day to make our daily decisions. (Buying a car, choosing a set of clothes, booking a holiday, etc) I was only wanting to identify that this is where the "man-made" climate change debate encounters the religious component of people's life. The other element to the debate, as I have watched Cobran and yourself and thousands of others debate it, and many and varied others on social media talking about it, is the issue of fear. If the climate were to change as drastically as it has in the past, there is sweet "f" all we could do about it. We will simply go the way of the dinosaurs. When you consider a place like Milford Sound NZ with over 200 metres depth of ice at one point in its history. It got damn hot to melt it, etc, and yet the Indigenous people of Australia have been on this island for 50,000 - 60,000 yrs. The whole debated is all couched in human terms against a human backdrop of the fear of "................." What?? Dying? Extinction? Incineration? Drowning? Starvation? Good luck with changing those things. Here's what Ecclesiastes had to say around 3000 years ago. Fatalism at its very best........ 3 For everything there is a season, and a time for every matter under heaven: 2 a time to be born, and a time to die; a time to plant, and a time to pluck up what is planted; 3 a time to kill, and a time to heal; a time to break down, and a time to build up; 4 a time to weep, and a time to laugh; a time to mourn, and a time to dance; 5 a time to throw away stones, and a time to gather stones together; a time to embrace, and a time to refrain from embracing; 6 a time to seek, and a time to lose; a time to keep, and a time to throw away; 7 a time to tear, and a time to sew; a time to keep silence, and a time to speak; 8 a time to love, and a time to hate; a time for war, and a time for peace. 9 What gain have the workers from their toil? 10 I have seen the business that God has given to everyone to be busy with. 11 He has made everything suitable for its time; moreover he has put a sense of past and future into their minds, yet they cannot find out what God has done from the beginning to the end. 12 I know that there is nothing better for them than to be happy and enjoy themselves as long as they live; 13 moreover, it is God’s gift that all should eat and drink and take pleasure in all their toil. 20 All go to one place; all are from the dust, and all turn to dust again. I am happy that we try our best, and go our hardest to correct climate change, but in the end it changes very little about life. I've had my small say on the matter. I leave it at that. (I don't dispute the evidence, but then again, I live by faith.)
  11. Bought a small 4 bedroom concrete block renovator in Townsville at the end of 2018, and before the flood for $145,000. Will rent it for about 5 yrs, before moving there to live. Thankfully was also high and dry.
  12. I'm not so sure. The coalition is very against any dole welfare - they prefer welfare for churches, businesses and 'families'. They'd rather take a mean spirited approach to dole bludgers than a pragmatic one. They'd rather spend money hiring church businesses to make dole recipients jump through hoops than give it to them. They have started a campaign of demonising dole recipients in the media. They've also started a review of Job Active to make it more efficient - AKA more punitive. Having said that, there is pressure from almost every interest group to increase the dole. I think we will see some pathetic increase in the dole linked to more 'mutual obligation' before the next election that will punish dole recipients but look like an increase.
  14. Ah yes - there are lunatics like Larry Summers (and some politicians) that think trickle-down-economics works best by stimulating the big end of town and the interests of the wealthy elites. For the rest of the 99.9%:
  15. 6 blade razors?
  1. Load more activity