Recent content by frenzel

More food for thought... ;) Wheat prices may rally sharply in 2009

Just curious on what people's thoughts are on the fact that BHP are yet to announce any productions cuts. RIO and Vale have announced cuts along with a lot of other players, yet BHP remain silent. Is this an attempt not to spook the market, or do they see themselves as being in a better...

Re: XAO Analysis Sorry, but my point is that nothing is impossible. Who's to say that we are not in the midst of a global meltdown. In fact, I'd argue that we are in the midst of a global meltdown. If you'd looked at the link I posted, you would have seen similar quotes of enduring...

Re: XAO Analysis During the great depression, stocks in the US dropped around 80%. It didn't happen in the first year, but took 3 years to do this. There is a definite precedent for this happening, and the current crisis has been likened to the depression in many ways. Is 1500 points...

My guess is that he's probably dead. Remember reading a while ago that he was ill, and may have been in a near miss during a US strike. A few of his recent film clips that have been released show that there are some differing facial features. Being that he is a great medium for Al Qaeda to...

Found this an interesting summary of some of the thoughts and quotes over the time of the depression. http://www.gold-eagle.com/editorials_01/seymour062001.html Some of the quotes around the end of '29 are pretty amusing. :microwave

Just a bit! Towards the end.... Small credibility crisis with that quote. The Amero is BS, and if you want one, speak to this guy. He's been pressing them for fun, the same coin as shown in the video. Although I'm not convinced we won't see some radical currency rethink within our time...

http://www.reuters.com/article/businessNews/idUSTRE4A222P20081105 Guess not too much of a rally, although looks like it will be a solid day.

Lets just hope Obama now doesn't go too protectionist with China as he suggested in his campaign. Would be bad news for Australia, and some suggest this is what kicked the 30's into depression.

Have also been looking at this as even a medium, but definately long term position. Have been reading that farmers across South America have been struggling to get access to credit (sorry can't find the link). With other areas facing similar issues in that they may miss sowing deadlines for...

Re: XAO Analysis In agreeance with some previous posts that sentiment is what runs markets. If the Fed were to offer some radical rate cuts or moves, as I suspect, then this could provide a serious boost to the market, although short term definitely. I'm still holding strong that there will...

Re: XAO Analysis Is it possible with lots of people trading on TA and using software tools, that it becomes in itself a self fulfilling prophecy? At least to some extent? On a slight aside, the Fed are currently in a 2-3 day meeting on their next rate move. Looking at the Dow chart...

The Merrill stats are very interesting. I've seen some Aus/US comparative data, and we look worse. We are looking at the worst global credit crisis in 70+ years. Would you be investing in a country as leveraged as ours? The AUS$ could be down for a long time, and the longer this happens...

There was an article written a week or so ago comparing Australia and Iceland in relation to foreign debt. Although I think the countries are fundamentally different, the article did raise some interesting points. http://www.brisbanetimes.com.au/articles/2008/10/19/1224351113115.html...

GM and Chrysler seem to be heading towards a merger, but will be interesting to see if they get the cash required. More than likely in some way shape or form. http://www.bloomberg.com/apps/news?pid=20601103&sid=a6zEJzIao5ss&refer=news Chrysler have over $10b in cash, so that should help...