Forum

 
  Back to OzPolitic.com   Welcome, Guest. Please Login or Register
  Forum Home Album HelpSearch Recent Rules LoginRegister  
 

Page Index Toggle Pages: 1
Send Topic Print
Thank you Mr President (Read 285 times)
Gordon
Gold Member
*****
Offline


Australian Politics

Posts: 21870
Gordon
Gender: male
Thank you Mr President
Apr 7th, 2025 at 7:43pm
 
Two weeks ago, wife and I moved 75% of our super into cash. One more drop and we'll put it all back in.

Also 2 weeks ago we bought a house and got a mortgage so big it will even keep me up at nights, but what I'll save from the speculated rate cuts will have me sleeping like a bebbe.

Thank you, Donald J
Back to top
 

IBI
 
IP Logged
 
freediver
Gold Member
*****
Offline


www.ozpolitic.com

Posts: 53234
At my desk.
Re: Thank you Mr President
Reply #1 - Apr 8th, 2025 at 9:06am
 
Great timing.
Back to top
 

People who can't distinguish between etymology and entomology bug me in ways I cannot put into words.
WWW  
IP Logged
 
Leroy
Gold Member
*****
Online


Australian Politics

Posts: 5266
Gender: male
Re: Thank you Mr President
Reply #2 - Apr 8th, 2025 at 9:13am
 
I'm thinking about selling my gold and buying stocks while they are down. Gold will probably drop when the market regains stability. When the market recovers sell my stocks and buy gold when it drops which it will when Aus dollar regains value.
Back to top
 

Trump derangement syndrome
Fareed Zakaria defined the term as "hatred of President Trump so intense that it impairs people's judgment"
 
IP Logged
 
freediver
Gold Member
*****
Offline


www.ozpolitic.com

Posts: 53234
At my desk.
Re: Thank you Mr President
Reply #3 - Apr 8th, 2025 at 9:35am
 
Good idea to think about it.
Back to top
 

People who can't distinguish between etymology and entomology bug me in ways I cannot put into words.
WWW  
IP Logged
 
MeisterEckhart
Gold Member
*****
Offline


Australian Politics

Posts: 17122
Gender: male
Re: Thank you Mr President
Reply #4 - Apr 8th, 2025 at 9:36am
 
Leroy wrote on Apr 8th, 2025 at 9:13am:
I'm thinking about selling my gold and buying stocks while they are down. Gold will probably drop when the market regains stability. When the market recovers sell my stocks and buy gold when it drops which it will when Aus dollar regains value.

Good time to take profit from gold, but...

Gold has posted all-time highs despite market strength and higher interest rates for nearly 3 years. Most central banks and state actors have been buying gold in record amounts, including China, India, the US, Turkey, the central Asian republics, and even Poland, with no end in sight.

The Australian dollar has held at an average of 65c for over 3 years... recently, before tariffs last week, it was averaging 63c.

Interest rates are likely to drop dramatically over the next year, which is historically a stimulus for higher gold prices...
Back to top
 
 
IP Logged
 
Sophia
Gold Member
*****
Offline



Posts: 9749
Re: Thank you Mr President
Reply #5 - Apr 8th, 2025 at 11:25am
 
Gordon wrote on Apr 7th, 2025 at 7:43pm:
Two weeks ago, wife and I moved 75% of our super into cash. One more drop and we'll put it all back in.

Also 2 weeks ago we bought a house and got a mortgage so big it will even keep me up at nights, but what I'll save from the speculated rate cuts will have me sleeping like a bebbe.

Thank you, Donald J


My oath that was good timing! Congrats!

Only way to get anywhere is being pro active with movement and if the risk pays off… kudos.

Back to top
 

If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.

Milton Friedman
 
IP Logged
 
Page Index Toggle Pages: 1
Send Topic Print