cobran20

The AK Thread

1570 posts in this topic

I keep reading about the boom in revenue that the government is going to earn from the resources tax and then I look at the state of the Shanghai stock market. It makes me wonder if the government missed the boat (nothing unusual as governments are ultra reactionary) and the best of the resources boom could potentially be behind us. Krudd & Swan better hope that the Shanghai stock market better start rising again very soon.

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I hope that AK's blubbering about the rise in the price of The Precious doesn't mean a top is at hand!

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That's it he called it, we are at gold top and euro bottom, got to sell my gold share and go long on the euro.

love his trend on the asx: double every 9 year, a bit like the home specufestors that recon homes double every 7 years.

anyway, today the worst performer on the currency where the NZ$ first and the AU$ second, euro end up quite at same point as at opening.

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Chart 4 has a beartrap and a bulltrap.

chart 4 is crap, why doesn't he show the previous 40 years? why does he start the chart at banana monarchy time where inflation was tripple today's numbers?

actually i just realise his chart start exactly at same point as those one on fxcm website, coincidence that AK and tinpsher uses the same charts?

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What does that mean? I'm Alan Kohler? :phone1:

best mate?

anyway after AK program gold lost most of todays gain and below 1000 euro, and the euro got to daily tops (50 cents higher then AK pointed)

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I think he's a bit of a dickhead sometimes. I reckon he gets a staffer to dig out charts, some of them are crap or just wrong. Even that stock chart with his bullsh*t 9% return, I commented to a colleague that he should go back to 1986 or 1945 or 1930 and see how pretty it looks. That chart was crap.

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He really is getting senile.

Chart 1, if Australian houses were priced even close to the USA ratios pre crash we'd be over 100%.

Chart 2, Copper prices have f*ck all to do with carry unwinds and are an effect.

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that is really odd as i was just early today discussing the home debt on asset ratio in australia that MAx million (then banned later today) was pointing out was low and as you can see from AK chart has never been higher before, AK is showing the debt on home assets, the debt on total asset is a bit lower at 19.1% in december rba reading (it peaked in march 2009 at 20.5%), the miniprice drop of 2008 brought the debt/asset ratio up 2% from 18.5 to 20.5%, the -15% rise in home prices last year brought it down 1.4%.

wonder if the guy making AK chart is member of creditcrunch website:ph34r:

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Chart 1, if Australian houses were priced even close to the USA ratios pre crash we'd be over 100%.

Exactly! The spike in the US graph is the bubble unwinding there, ours is yet to unwind, and when it does ours will spike too. You cannot expect ours to spike though till asset values fall here in Australia. Apart from this though we are tracking along nicely...

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What a load of spruiking simplistic bollocks on chart one (US house crash)

The chart is not Alan Kohler's chart. The chart is part of Lucy Ellis' analysis from the RBA. If you go off you need to go off about Lucy Ellis and the RBA.

http://www.rba.gov.a...-so-180510.html

Edited by sydney3000

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The chart is not Alan Kohler's chart. The chart is part of Lucy Ellis' analysis from the RBA. If you go off you need to go off about Lucy Ellis and the RBA.

http://www.rba.gov.a...-so-180510.html

those charts from AK and luci ellis are just plotting rba data from table B21.

you find the table attached

household finances.xls

Edited by boz

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