The only reason why rates elevate in Australia, is when the reserve bank, is "told to" by the federal reserve. banks in this country would love to raise rates, but have no choice but to kowtow to their owners. Rates will rise here, when the opportunity to steal is too to good to not to !
First of all, thank you for sharing your detailed reasoning, as now it's easier for me to understand what you claim in the OP. What you tell makes sense but I would ask for you to provide sources to support the following claims: (I don't see that. The Dow Jones and the S&P500 seem to be in good shape.) ___ I would also like to make questions about some other claims: What are the PE levels you're seeing that make you claim they are un-realistic? What is the boundary you suggest to separate realistic from un-realistic levels (I think this is quite subjective)? This only happens when a crisis is coming? Or they're just 2 of many things you add to your overview? By stimulating growth you mean inflate numbers in order for things to seem better?
doom and gloom goes hand in hand with silver stacking, don't try and read too much more than that into it. i am more interested in when we can say we ware safe from "the big crash" or is that mid 2015?
Its one month since the original post and nothing much has happened so far. Any updates or adjustments on the prediction? How are things looking?
Apparently we are waiting for the next leg up in stock (which is happening now ). Then the decline in market sets in. Trigger could be fomc meeting, ebola outbreak or any other black swan. Pm will be expected to rise. Stock market down.
Check out the colossal hanging man candle on the monthly S&P500 [imgz=http://forums.silverstackers.com/uploads/1021_hangingman.png][/imgz] Old article on this sort of thing I googled http://etfdailynews.com/2011/04/12/...g-man-candlestick-in-41-years-spy-sh-sds-sso/ Similar to one in oct 2000 http://www.investopedia.com/terms/h/hangingman.asp
Problem is, the silver spot price is inversely proportional to the size of the blocks of silver I can purchase... which has led to a storage space problem. If this trend continues I'll be spending my beer money on industrial sized ingots.
Nah mate... never gonna happen.... we're in mining boom....housing boom...boom boom boom, lets go back to my room.... the rest is ya'kno...!
It's hard reading these old threads because I used to believe this kind of hype once. I think we were all in the same boat once upon a time.
My trusty crystal ball says the end is near. All them absurd over inflated bubbles are going to pop soon....especially the big fat housing one!
the housing bubble has been going to pop in Australia for the last 30 years a broken clock is still correct 2 x times a day