BANG!!!! RATE CUTE TO RECORD LOW

Discussion in 'Markets & Economies' started by SpacePete, Feb 3, 2015.

  1. SpacePete

    SpacePete Well-Known Member Silver Stacker

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  2. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    Watch local PM price explode.
     
  3. Altima

    Altima Well-Known Member Silver Stacker

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    BOOM. The spot price in AUD just shot up!
     
  4. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    Well the RBA really only have one left in the chamber
     
  5. long88

    long88 Member

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    thx rba..

    my holding in metal going up..
    my mortage/loan is going down..
     
  6. leo25

    leo25 Well-Known Member Silver Stacker

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    Sydney has one last property boom left in the tank! Things are going to go exponential before a major crash. People are already talking about the average house costing 1 million in Sydney by next year.
     
  7. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    And another cut is on the cards this year. It's going to get interesting.
     
  8. Golightly

    Golightly Well-Known Member Silver Stacker

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    Hey why not,? Low interest rates seem to work for everyone else..
    Oh no wait a minute..

    Would be nice to still have a manufacturing sector.
     
  9. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    And now we'd need to retool to get everything modernized and competitive, and that would require... IMPORTS!
     
  10. JulieW

    JulieW Well-Known Member Silver Stacker

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    Predictions are for 0.5% by end of 2016.
    If we last that long.
     
  11. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    We're following the successful Japanese strategy because that was so successful. <<sarcasm btw>>
     
  12. willrocks

    willrocks Well-Known Member Silver Stacker

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  13. Andy28

    Andy28 Well-Known Member

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    Sigh, and here I am trying to buy some USD for an upcoming trip
     
  14. willrocks

    willrocks Well-Known Member Silver Stacker

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    Thankfully I moved most of my SMSF cash over to USD two months ago.
     
  15. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    Smart move!
     
  16. willrocks

    willrocks Well-Known Member Silver Stacker

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    No, just dumb luck.
     
  17. BullionDollarMan

    BullionDollarMan Member Silver Stacker

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    Anyone else noticed the title of the thread? ;)
     
  18. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    Doh!
     
  19. aleks

    aleks Well-Known Member Silver Stacker

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    LOL Hockey is counting this as a win for the government
     
  20. willrocks

    willrocks Well-Known Member Silver Stacker

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    Technically it is. Because most voters see it as a good thing.
     

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