The bears den

atf0007

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In contrast with Shiny Thing?

2009 Account, 8k posting of 10 years series economics theories!

Not even single screenshots, real trades execution, track records posted..... Irony isn't?
You still have no ballz leh. That is the irony lor. Hahahaaa

I know you likez shiny things after peeping at him... Maybe what he has you dun have leh... So jealousy is showing liaoz.. Poor thing.
 

theMKR

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In contrast with Shiny Thing?

2009 Account, 8k posting of 10 years series economics theories!

Not even single screenshots, real trades execution, track records posted..... Irony isn't?

he post really insightful and helpful replies.

u post photoshop?
 

Mecisteus

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Just buy only no need scared

And I'm not back because there's a bear market, I stopped posting for a while because I literally got infracted for posting my views on this forum. Why would I want to get more ntuc points?

Don't bluff lah.

Do you want me to dig your posts?

After Dec, you were nowhere to be seen in this section.

You were active in EDMW.
 

churnmaster

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I guess I'd ask a couple of questions:

1) Why do you need AUD in the first place? If you don't need it for a specific reason, why bother buying it?

2) What's your holding period?

---

The default answer is usually going to be "just stick it in govvy bonds". But really, the miserable yields on Aussie govvies (1% in the 10-year!) mean that it's not worth taking the FX risk: that's actually less than you'd earn just leaving the money in the bank in Singapore.

Frankly, I don't have any specific reason to buy the AUD, except that I like Australia as its a resource rich country located close to Asia, where most of the infrastructure building is likely to happen in the near future. It should be a likely beneficiary as a supply source not just for China but also for the other nations in the region. Also, now that it has dropped to this 0.93-0.94 range against the SGD, I guess its close to a bottom.

But as you said its not worth taking the FX risk. I agree with you.
 

churnmaster

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I didnt buy back what I sold. That is the most difficult thing to do. I bought Japan and India since both were lower than what the price was few months back. That is an easier decision.

All the Best, Revhappy ..

Make sure to buy in small chunks ... No more panic :)
 

limster

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Wow, I should be done with my buying for the month by tonight, so many things to buy, and its only the first week of August :s13:
 

Trader11

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A reminders to all Singaporean Readers & User's
Shinything isn't Pure Singaporean!

Also, he might not even residing locally!
Plus, a patterns of tendentious continually advocating a broker ( Interactive-Broker ).

IB doesn't even having local office presences!
Warning signals!

Unlike FCS!
100% Singaporean!
Recognized By Ministry of Defense Singapore ( Google for Photo Taken ).
Consistently posted Real-Trades Screenshots, Track-RECORDS ( Maybank & Saxo, Google for all screenshots ).
Posted FCS true-self photos! ( Google for FCS Selfie Photos )

ShinyThing lives in US, California working in crytocurrency startup.
 

Trader11

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What's his agenda jjyy in Singapore Based Community?

I knew, promoting Interactive Broker....

Maybe his passion is in investing? Or selling books? I see so far people are okay with him. It's much better to pay those local scammers for $2000 course
 

churnmaster

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No I am not saying that the currency war is such a catalyst.

I am saying that if the Fed cuts aggressively and we do not get any improvements, then its a symptom of a deeper malaise and excess that needs to be worked out with time and effort and we may not see those type of V shape rebound that we have seen prior. The current situation of trade and currency war is akin to the trigger for the 1930s depression... it was triggered by a trade war then. So there are mitigating measures to lessen the impact of this trade war such as fed cuts etc. But if they do not work, would we see a repeat of the 1930s? I am not saying that this is a central scenario but think that one cannot rule it out as well.

In any case, I am looking to build up my portfolio on the dip. But would not start if the dip is shallow.

We are already seeing deflationary pressure in the commodity space since 2013. Be in agri, metals or energy, every thing has deflated, despite decent growth in consumption over the years. Many of the agrarian economies are reeling under tremendous pressure and this is likely to adversely affect the consumption patterns for both consumables and durables. I guess, govts will have to embark on massive infrastructure building very soon to create employment for the masses.
 

Trader11

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We are already seeing deflationary pressure in the commodity space since 2013. Be in agri, metals or energy, every thing has deflated, despite decent growth in consumption over the years. Many of the agrarian economies are reeling under tremendous pressure and this is likely to adversely affect the consumption patterns for both consumables and durables. I guess, govts will have to embark on massive infrastructure building very soon to create employment for the masses.
Buy construction companies provided they don't go pokgai
 

theMKR

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sian the moment i sell more, it bounced up.

maybe insider know trump going to flip flop again?
 

coolhead

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Gold ejaculated to 1485 Liao... Hit 1500 by this week?

Sent from HMD Global TA-1004 using GAGT
 

coolhead

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We are already seeing deflationary pressure in the commodity space since 2013. Be in agri, metals or energy, every thing has deflated, despite decent growth in consumption over the years. Many of the agrarian economies are reeling under tremendous pressure and this is likely to adversely affect the consumption patterns for both consumables and durables. I guess, govts will have to embark on massive infrastructure building very soon to create employment for the masses.
If supply side deflationary pressure is a result of excess capacity in commodities, it is still okay. But if it's a result of decrease in commodities demand then it's a concern.
Demand side inflation due to growth in consumption will be healthy and as a whole, it'll be good for economy.

Sent from HMD Global TA-1004 using GAGT
 
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