Rate Cut? 01 Nov 2012

Discussion in 'Currencies' started by hiho, Oct 31, 2011.

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  1. hiho

    hiho Active Member Silver Stacker

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    I'm guessing no cut
     
    hiho, Oct 31, 2011
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  2. thatguy

    thatguy Active Member

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    Cut, but I wouldn't put money on it
     
    thatguy, Oct 31, 2011
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  3. hiho

    hiho Active Member Silver Stacker

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    I just have an incling that China buying up europe may be on the RBA's agenda, something about cost of credit ;)
     
    hiho, Oct 31, 2011
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  4. perthsilver

    perthsilver Member Silver Stacker

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    Last chance before xmas
     
    perthsilver, Oct 31, 2011
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  5. fishball

    fishball New Member Silver Stacker

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    Might be a no cut but I think the market is pricing in a cut at the moment, AUD down from 1.07 to 1.055 and going south? O_O
     
    fishball, Oct 31, 2011
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  6. Wout

    Wout New Member

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    im going with same and least likely raise
     
    Wout, Oct 31, 2011
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  7. hyperinflation

    hyperinflation New Member Silver Stacker

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    mkt pricing in 75% chance
     
    hyperinflation, Oct 31, 2011
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  8. jnkmbx

    jnkmbx Well-Known Member

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    Rates probably won't be cut (again) but rents will increase anyway (like last time). @_@
     
    jnkmbx, Oct 31, 2011
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  9. aleks

    aleks Well-Known Member Silver Stacker

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    RATE CUT!!!

    WWWEEEEEEEEEEEEEE
     
    aleks, Nov 1, 2011
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  10. Yippe-Ki-Ya

    Yippe-Ki-Ya New Member

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    RBA will cut rates by 0.25% but the thieving banks will steal a big slice of that for their scummyselves ...

    either that or rates stay on hold - either way the average man in the street is left holding the short straw :lol:
     
    Yippe-Ki-Ya, Nov 1, 2011
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  11. Yippe-Ki-Ya

    Yippe-Ki-Ya New Member

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    Gawd i'm good! rates have indeed been sliced by 0.25%.

    will be interesting to see what the thieving banks do with that now...
     
    Yippe-Ki-Ya, Nov 1, 2011
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  12. hiho

    hiho Active Member Silver Stacker

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    all it means is the next move up will seem more violent, this will be regarded as the stupidest move by the RBA EVER, I cant believe they are ignoring the CDS meltdown that has started.

    Watch all the dimwits rush into mortgages
     
    hiho, Nov 1, 2011
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  13. jpanggy

    jpanggy Active Member

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    Or they might keep cutting until it hits 2%, just to keep RE alive.
     
    jpanggy, Nov 1, 2011
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  14. thatguy

    thatguy Active Member

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    I hope they do = more money into silver :)
     
    thatguy, Nov 1, 2011
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  15. Smoothcriminal

    Smoothcriminal New Member Silver Stacker

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    Some economists are predicting 3.75% by April next year as the international economy stagnates - RE for the win :lol:
     
    Smoothcriminal, Nov 1, 2011
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  16. jpanggy

    jpanggy Active Member

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    if canada can go down to 2%, so can we. If they can have a bubble burst, so can we.
     
    jpanggy, Nov 1, 2011
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  17. Yippe-Ki-Ya

    Yippe-Ki-Ya New Member

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    Agreed! The property clan in Australia have a lot more clout than the trigger insane Stevens ...

    This will only prolong the pain and make it more long and drawn out, but RE will continue to go down - especially when priced in real money

    savvvie???
     
    Yippe-Ki-Ya, Nov 1, 2011
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  18. THUCYDIDES79

    THUCYDIDES79 New Member Silver Stacker

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    You mean until it hits -2% ?!

    :)
     
    THUCYDIDES79, Nov 1, 2011
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  19. jnkmbx

    jnkmbx Well-Known Member

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    Damn, this means lower savings rates. :/
     
    jnkmbx, Nov 1, 2011
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  20. rachelGabri

    rachelGabri Guest

    No guesses coz anything can happen!
     
    rachelGabri, Nov 1, 2011
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