Australian (ASX) Stock Market Forum

Recent content by Smurf1976

  1. Smurf1976

    The future of energy generation and storage

    The elephant in the room is natural gas pricing and the vast gap between historic Australian domestic market pricing upon which most decisions to build things were made, present prices and the LNG netback price. Historic price = circa $4 / GJ in 2021 $ inflation adjusted. Present actual price...
  2. Smurf1976

    The future of energy generation and storage

    The content of my post is easily verifiable using publicly available data from AEMO should anyone have any doubts. www.aemo.com.au All large scale generation data for the NEM is publicly available with only a few minutes delay from what's actually happening.
  3. Smurf1976

    The Great Reset

    Done that one. Local supermarket was selling the stuff at a fire sale price recently, presumably due to excess stock now that everyone's got plenty from the great panic, so I decided to buy some. As an investment well in % terms it's already beaten the ASX200, gold and most other things since...
  4. Smurf1976

    The Great Reset

    I'm not convinced it'll actually blow up as such but I can't see any path that doesn't involve massive devaluation. That is, I'm suggesting that the USD will still be a dominant currency 20 years from now but you'll need an awful lot of them in order to buy anything tangible. Same for other...
  5. Smurf1976

    The Great Reset

    Plus the narrative being so different from actual reality is itself an issue. As distinct from the content of the narrative itself.
  6. Smurf1976

    Electric cars?

    It can be done without the gas and coal bit there so long as it's all designed properly. There are however many who'd not be happy with such an outcome hence the great debate about it all. From a technical perspective though there's absolutely no reason society can't be powered fully by...
  7. Smurf1976

    Economic implications of a SARS/Coronavirus outbreak

    I hope so - my system has put me two thirds in cash at the moment so either I've got it seriously wrong or there's a correction happening. So I'm biased in hoping you're right otherwise I've stuffed up big time. :oops:
  8. Smurf1976

    Inexpensive Mutual Fund Investing from Commonwealth Bank Account

    Just in case you're not aware, the word "advice" has a specific legal meaning and the law precludes someone without the appropriate license giving it. Hence the sensitivity to the word on this and other forums. We can however most certainly give opinions or discuss the attributes of different...
  9. Smurf1976

    Economic implications of a SARS/Coronavirus outbreak

    The way I've looked at it is that if the currency of multiple countries is to be massively devalued then, short term movements aside, what ought to hold value by the time it's all done? A flood of money is a claim on goods and the raw materials to make and run them, the supply of which isn't...
  10. Smurf1976

    Economic implications of a SARS/Coronavirus outbreak

    Now that word's really going to take some explaining to foreigners...... :roflmao:
  11. Smurf1976

    Economic implications of a SARS/Coronavirus outbreak

    Perhaps it's worth discussing what those with long term investments in Super or elsewhere ought to be investing in? Assuming that for Joe Average it's not really an option to be having their super in cryptos or to be day trading, they're realistically going to pick some broader strategy and...
  12. Smurf1976

    Electric cars?

    Thing is, the article doesn't say that's required in order to save the planet. It just points out that some minerals need to be moved around and refined and that there's some impacts on urban air quality but that's vastly different from any threat to the planet. In the absence of a return to a...
  13. Smurf1976

    Economic implications of a SARS/Coronavirus outbreak

    Last time I was at Bunnings I wanted a very specific brush, it's an attachment to a powered device so it has to be that exact one, and Bunnings sells them. First store I went to there were none left in stock. Went to another store and bought the last one so now that store's out of stock too. I...
  14. Smurf1976

    The future of energy generation and storage

    This sort of nonsense is just frustrating to say the least. https://reneweconomy.com.au/new-network-fees-could-kill-the-viability-of-battery-and-pumped-hydro-storage/ It has however managed to get even normally opposing parties united in seeing it as a silly idea: There's more than a few...
  15. Smurf1976

    Electric cars?

    Yep, it's going to happen and at this point it's much like computers, smartphones, highways, cars themselves, air-conditioning or anything else. Some will come up with arguments against but it'll happen regardless. Either you're on the train or you're standing on the platform yelling but either...
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