Nek minit: Saudi will announce it will start pricing oil in Yuan
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Hard to believe that next 12 years return on US equities is negative and that bonds outperform equities.
https://twitter.com/hussmanjp/status...Lj1Ccl5JFHMPjA
Maybe, maybe not. I am wondering whether the oil Russia is under circumvention of the Western embargo selling to Putin's dear friends (China, North Korea and India) is counted against the OPEC quota?
If not, than OPEC decision might be quite irrelevant for the future oil price, and even the Western world gets the Russian stuff through India.
Anybody knows?
Yes they were going to do that in 1975
https://twitter.com/JavierBlas/statu...822987266?s=20
Market bubbles a lot ... but, lets face it - market changes as well its view faster than any bipolar person can cycle from depression to euphoria and back. Super-rapid cycler. Just wait for the next news tomorrow or the day after. Market shoots first, checks later and has no clue either what the future brings.
Market hype does not mean anything for long term investments.
Are you still harping on? Are you also being selective as I have already posted this yesterday.
Daytr
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https://www.sharetrader.co.nz/images...quote_icon.png Originally Posted by SailorRob https://www.sharetrader.co.nz/images...post-right.png
Look, banks do not primarily make loans by borrowing from the reserve bank and lending it out at margin.
Let's get some cash to a charity by making a bet that I'm right and you're wrong.
As with others on sharetrader you will back down at 100 miles an hour.
No fair enough it's from multiple sources, domestic deposits, international borrowing & the Reserve Bank.
So it's not just funded from deposits either.
Last edited by Daytr; Yesterday at 10:08 AM.
I think Mark Twain said it best. "When arguing with a fool, you will never convince the idiot and bystanders wont be able to tell the difference." or something along those lines.
Now where is that block button to turn off the constant ego driven drivel.