news.com.au reporting crash

Discussion in 'Stock Market' started by william the wie, Mar 1, 2011.

  1. william the wie
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    william the wie Gold Member

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    Housing prices are falling nationwide in Australia five years after the bubble popped here. What this means about the Chinese economy remains to be seen but Australia generally is the canary in the mine for China. If China is in trouble that should affect the US stock and bond markets.
     
  2. Mini 14
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    Mini 14 Senior Member

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    I moved almost all of my investments to metals a few years ago, and have invested exclusively in gold and silver (primarily silver) for the past 3 years. So in the immortal words of Charlie Sheen:

    Bring it!

    Hate it for those who didn't see it coming though. Its going to be

    U G L Y
     
  3. Trajan
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    Trajan conscientia mille testes

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    seeing how Australia has been their no.1 destination for direct for. investment, yea I can see how that would mess up their day...;)
     
  4. jillian
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    jillian Princess Supporting Member

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    cause murdoch is who i want to learn economics from, right? :cuckoo:
     
  5. Trajan
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    Trajan conscientia mille testes

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    :eusa_eh:
     
  6. jillian
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    jillian Princess Supporting Member

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    sorry. heh..

    i just wouldn't trust rupert murdoch if his tongue were notarized.
     
  7. Trajan
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    Trajan conscientia mille testes

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    I am sorry, I don't get the reference to Murdoch?
     
  8. Mini 14
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    Mini 14 Senior Member

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    Me either
     
  9. jillian
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    jillian Princess Supporting Member

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    that's one of news corp's sites. its owned by murdoch.
     
  10. Trajan
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    Trajan conscientia mille testes

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    uhm, if you google aussie housing troubles you'll get hundreds of hits....its not a secret.
     

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