Mumbank said:Mmmm its Friday and the news is not looking good. I think I'll jut ignore it all, get some work done and take my son to lunch at the pub, finish early its almost the weekend.
Lets hope it all gets better next week. Some positives would be good.
noirua said:Mining stocks continue down on the LSE on Monday, between 2% and 6%. The decline is due to worry over metal prices and forecasts of further falls on the NYSE later. Gold fell to US$643.80 and other metals declined with it.
IGO4IT said:A HOT battle happening now in GOLD sales & it looks like bulls are having an attempt to gain control. (currently $645)
Gold was at $646 at ASX close today, if by tomorrow morning we're not at least $660 then we're having another misery on resources stocks to continue the misery we had today.
tech/a said:4800 on the Aussie market is the tipped corrective value.
Especially if he still has that index short on.tech/a said:Radges Elliot number of 5300 is pretty good now under 5000--- thats a good drink
A report by Barclays Capital says the run-up to the 1987 crash was characterised by a widening US current-account deficit, weak dollar, fears of rising inflation, a fading boom in American house prices, and the appointment of a new chairman of the Federal Reserve Board.
Apart from the similarities in economic conditions, during the run-up to the 1987 crash there was a sharp rise in share prices worldwide and weakness in bond markets
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