GFC 2

[Agent007]

Kubes, why do you insist on posting old data?

It is 2010 now and the recession is over.

Property prices are going up.

[confirmed]

Let's see....shorting EURO fx have made me over $75k profit in just 1 week, shorting commodities have brought me over $32,500, shorting equities have brought me profits between $2000 to $5000 per day, just shorting OCBC for example have increase my bank balance my $2000....

Want more ?

Trend is your friend and fear factor plays a lot plus shorting increases pressure on more selling.

So you have confirmed that you are a small timer.

Never ceases to amaze how people need to boast - especially when no one can either verify or gives a damn. Anyway good luck with that.

[To confirmed]

You must be jealous of "shorter", I would rather earn $100k in 1 week rather than $20k per month.

[GFC]

Stock Markets around the world have tanked over 10% and we are in a midst of a another major correction. Economies will feel the heat and effects in about 3-6 months depending on how worst things in Europe gets.

Starting with Greece, PIIGS, and now the European Financial Crisis (EFC) and remember that Thailand was the cause of the Asian Financial Crisis (AFC) back in 1997 .

I am laughing all the way to the bank as I am very bearish and have shorted bonds, Euro, Aussie, stocks, futures and bought lots of PUTs....shooting whatever is left standing.

Germany banned "naked shorts" but there are ways around it and it also forces hedge funds (and me) to short other markets like London, Paris, New York, Singapore, Hong Kong, Tokyo, Sydney, etc.....

Its time to get back to basics as everything has been moving too fast in the last 12-15 months.

Burn Baby Burn !

No, not GFC2 - just your EFC1.

Yes, AFC started with Thailand and spread to Asia.

Likewise, EFC started with Greece (or should it be Iceland?), then spread to PIIGS and the swine flu then spread to Europe.

Asia has been inoculated.

Europe is the biggest investor in Singapore annually. When they get EFC, things will get very quiet here...

[EFC1]

Stock Markets around the world have tanked over 10% and we are in a midst of a another major correction. Economies will feel the heat and effects in about 3-6 months depending on how worst things in Europe gets.

Starting with Greece, PIIGS, and now the European Financial Crisis (EFC) and remember that Thailand was the cause of the Asian Financial Crisis (AFC) back in 1997 .

I am laughing all the way to the bank as I am very bearish and have shorted bonds, Euro, Aussie, stocks, futures and bought lots of PUTs....shooting whatever is left standing.

Germany banned "naked shorts" but there are ways around it and it also forces hedge funds (and me) to short other markets like London, Paris, New York, Singapore, Hong Kong, Tokyo, Sydney, etc.....

Its time to get back to basics as everything has been moving too fast in the last 12-15 months.

Burn Baby Burn !

No, not GFC2 - just your EFC1.

Yes, AFC started with Thailand and spread to Asia.

Likewise, EFC started with Greece (or should it be Iceland?), then spread to PIIGS and the swine flu then spread to Europe.

Asia has been inoculated.

Europe is the biggest investor in Singapore annually. When they get EFC, things will get very quiet here...

Right fact; wrong conclusion.  Yes, Europe is one of the big investors here. And what do you do when you neighbourhood goes to the dogs?  Do you invest more in Portugal, Italy, Ireland, Greece and Spain?  No, you invest in countries that are safe - like Singapore and Asia. Even Bangkok will get over its difficulties.

BTW, Europe is not a country. So, as a whole a big investor.  But individually, neither here nor there. And they don't act as one.

[Kubes.SG]

Kubes, why do you insist on posting old data?

It is 2010 now and the recession is over.

Property prices are going up.

No wonder you are only an agent.  To understand the future you need to understand past.  It is all correlated. 

[Kubes Buster]

Kubes, why do you insist on posting old data?

It is 2010 now and the recession is over.

Property prices are going up.

No wonder you are only an agent.  To understand the future you need to understand past.  It is all correlated. 

Well which currency is yo-yo like...is the aussies dollar.Dare.. to make another one of your wild prediction say Singapore property market tank 20-30% ??

The whole developed world has been feasting itself on debts,, only one outcome in the long term... hyper-inflation to get out of jail....hard asset will do well

[Kubes.SG]

Isn't it great the AUD can move quickly up and down to buffer the economy against external volatility helping to protect growth and keeping the economy out of recession.  Even better it can do so without causing a significant bump in inflation, unlike this little red cork that.

I have seen this argument many times from locals, that high inflation results in property price rises?  How does that work?

[Bloka]

Kubes, why do you insist on posting old data?

It is 2010 now and the recession is over.

Property prices are going up.

No wonder you are only an agent.  To understand the future you need to understand past.  It is all correlated. 

Well which currency is yo-yo like...is the aussies dollar.Dare.. to make another one of your wild prediction say Singapore property market tank 20-30% ??

The whole developed world has been feasting itself on debts,, only one outcome in the long term... hyper-inflation to get out of jail....hard asset will do well

Because the AU is fluctuating, someone from australia can't make a prediction ? You don't realise how stupid that sounds ?

Idiot.

[Kubez]

So what you are saying is property will eventually go up cos it always has done in the past.

[harr haha]

ha ha

it wont go down here.  What utter tosh.

If europe goes under, investors will focus on something more rock solid and that means a decoupled asia. 

Theres never been a better time to plank your readies in Asia.  If theres one place that will never go down it's Singapore.

This is singapore, not the west remember. 

[just bought?]

ha ha

it wont go down here.  What utter tosh.

If europe goes under, investors will focus on something more rock solid and that means a decoupled asia. 

Theres never been a better time to plank your readies in Asia.  If theres one place that will never go down it's Singapore.

This is singapore, not the west remember. 

So why did Singapore go down with US financial crisis, dumbo? Everything is interconnected.

[harr haha]

It WAS interconnected.

Now its decoupled as per V's theory 


This is one region which has proved itself and rode out the storm and still booming.   It wont go down here.

This is singapore, not the west.  We will all still be here this time next year.

[Vulcanl]

"...It WAS interconnected..."

The World still is, and will only get more so

"...Now its decoupled as per V's theory..."

Not 'my' theory, just its most vocal proponent here

"...This is one region which has proved itself and rode out the storm and still booming.   It wont go down here...."

Indeed

"...This is singapore, not the west.  We will all still be here this time next year..."

What do you mean 'we'?

[Singapore 1st to crash]

During GFC1 Singapore was first country into recession and last to emerge.
GFC2 will be much worse as there are no more Gov funds to bail countries and banks out.

Singapore will collapse during GFC2