*also have invested in stamps...books/art..[not that modern s-crap]..as well as diversified into many other collectables*

Hehe, now its becoming really amusing :) So you and Arjay think
that the global financial system is going to collapse and
clearly you think that stamps, art, coins, old cars etc will
save you!

You are quite correct UOG, there really are some mug mum and
dads investors out there. Let me suggest that you are one of them.

How the Govt rips people off is not by causing inflation, investors
in cash can receive interest on their money. It is by not allowing
for inflation in the interest calculation. In other words inflation
takes a share of your interest, tax on money that does not allow
for inflation, is the real rip off. For that very reason,
Australians tend not to save in banks, but negatively gear houses etc.
They are not silly.

No wonder Australia has a problem lol. Australians like UOG buy
stamps and old cars, meantime the Japanese and Chinese are buying
our best resources. From Berri fruit juices, to xxxx beer, to
mining ventures, they are investing.

Now I'll give you a word of advice lol.

If 10 years ago, you had bought a few shares in Australia's leading
companies, say BHP, a couple of banks, Woolies, CSL, Woodside,
Wesfarmers, Santos, Origin, and a number of others, thrown them
in your bottom drawer and forgotten about them, not only would
you be receiving regular increasing 6 monthly dividend cheques,
your shares would have doubled, tripled, or quadrupled in value.
You can sell them online, for 25$ a trade, your money is guaranteed
in 3 days.

You would own a share of those so called "evil" corporations and
could even go and hassle the board at the AGM, if you had a problem.

I've done extremely well doing exactly that, but you keep warning
the world that it is about to end and that people can save themselves
by buying stamps and art. Good luck to you lol.

Gold is the way to go since the $ US is in decline.If we truely have passed peak oil,then oil shares are the next best option with shares in food companies probably next.

It did not have to come to this if there was more control over the fractional reserve banking system.This collapse is far from over and anyone seeing green shoots now,are delusional.

The shroud of impossibility is hanging heavily over the minds of Pericles and Yabby.This may be a time of opportunity for some,but a total collapse will see suffering beyond the limits of our imagination.

They have to stop creating cyber money soon,otherwise we will have hyper-inflation and that will be a disaster.

Arjay, what I think is that you simply don't understand the
big picture here. Fact is the US $ has been overvalued for years,
as China and Japan flooded the country with exports, then with earned
$, to manipulate their currencies and keep the $ high, for the
benefit of their exporters. Now its all coming back to haunt them,
for of course in the long term, the merrygoround has to stop.

The Americans did try to get the Chinese to see reason, with no
luck, so eventually Dick Cheney decided that the US $ would not be
America's problem, but the rest of the world's problem.

So now if the Chinese and Japanese were to pull out their money,
their investments would collapse in value and their export market
would collapse too. In that sense it serves them right for not
playing fairly. The US, well if their $ collapses, their exporters
will benefit and thus their economy. Whatever they owe, they owe
in US $, which they can print if needbe.

You worry about a total collapse, but ignore the fact that it was
the actions of the Fed, which stopped a total collapse in Sept.
So you can thank them for acting and saving everyone alot of pain.

Yes they have increased the money supply, by around 1.5 trillion,
which is still only a small overall amount of the total US money
supply, given that its the global default currency.

Bernanke's idea was to solve the short term problems first, ie a
collapse of the global banking system, which he achieved. A
bit of inflation is a mild problem in comparison. Yes they have
increased the money supply, but being the Fed, they can soon
decrease it, should too much inflation kick in.

The good news is that perhaps the Chinese and Japanese have finally
understood that they can't play the game by dumping ever increasing
exports on the US market, for in the end it will bite them in the
arse.

ok yabby your the man[sorry shouldnt be flipant to an elder]

anyhow dear s-age please answer me this ..the stocks you recomend we buy[have a current'real value''..is this not so..

now dear sage what would happen if everyone in aussie bought just one share...would the price of our share go up or down?

ok impresuming dear sage it whent up[has any more 'value' been created?..or has demand restricted supply and the price risen simply by under-supply because of over demand?

ok now bloomberg puts in a sell[on our share]and the institutional elite start selling[wil the price go up or down?

we start selling the price goes down even more[but what has changed [nothing but the demand...mate cant you see the multinational media is playing all these insiders as a joke[making stocks fall or rise as their buy and sell recomendations change..its all about artificial shortage..percieved demand[playing the margins..with many nutters gambling their very house..and super]

see maste how howhard with compulsory super gives a cash injection to the stock gamblers[every pay day...but this predicable money..[in the trillions]..has created a bubble[i could do the same with postage stamps[i got 40 kilos of queens head stamps,

by making a artificial shortage via the media getting the gamblers to buy i could double their price overnight]..but the fact remains once the normal market returns their real asset valuation remains their book value ..priced according to their rareity..[compared to their demand]

the stock market is a pyramid sceme essentially[with our compulsory super proping it up gambling on an artificialshortage..[and most..'investor gamblers'..arnt using their own cash but us the compulsory wage slaves cash or their savings they thought banked..

[mate i couldnt sell my soul that cheap]..stocks may may you rich..[but are making many others poor]they are just too dumbed down to know it

extract from a lengthy revelation
http://www.infowars.com/manipulation-how-financial-markets-really-work/
Manipulation: How Financial Markets Really Work

Wall Street’s mantra is that markets move randomly and reflect the collective wisdom of investors...The truth is quite opposite.

The in-visible hand..insiders control markets and manipulate them up or down for profit.all of them,including stocks, bonds,commodities and currencies.

Catherine Austin Fitts describes a "financial coup d’etat,..including fraudulent housing(and other bubbles),..pump and dump schemes,..naked short selling,..precious metals price suppression,..and active intervention in the markets by the government and central bank" along with insiders.

It’s financial fraud..“pump and dump,”.defined as “artificially inflating the price of a stock or other security through promotion,..in order to sell at the inflated price,”..then profit more on the downside by short-selling...“This practice is illegal under securities law,yet it is particularly common,”..and in today’s volatile markets likely ongoing daily.

Why?..Because the profits are enormous,..in good and bad times,and when carried to extremes like now,..Fitts calls it “pump(ing)and dump(ing) of the entire American economy,”

duping the public,..fleecing trillions from them,and it’s more than just.“a process designed to wipe out the middle class...This is genocide (by other means)..a much more subtle and lethal version than ever before perpetrated by the scoundrels of our history texts.”

Fitts explains..It’s a government-business partnership for enormous profits through..“legislation,contracts,regulation/enforcement.(or lack of it),selective/financing,(and)favourable/subsidies.”

More still overall by rigging the game for the powerful,..while at the same time harming the public so cleverly that few understand what’s happening.

Market Rigging Mechanisms..The Plunge Protection Team..continues at link
http://www.infowars.com/manipulation-how-financial-markets-really-work/

how do they say it..[lying down with dogs you get fleas?

UOG, all that you are showing is that you don't understand the
fundamentals of the share market. Yes there are lots of scoundrels
in the share market, but they are also in the property market,
car market, coin market, silver market, etc. That's why you
need to understand what you are doing and why.

The point is that whilst somebody is scheming to try to increase
the prices of a share, somebody else is scheming to reduce it.
No wonder so many hedge funds have gone broke, they bet and lost.
The biggest boys, the ones you worry about, lost more then anyone
else.

Companies trading on the ASX are quite strictly regulated as to
what they have to publish. If you can read a balance sheet,
understand P/E ratios, nett asset backing etc, it all becomes
much clearer.

What you are basically buying with a share, is potential future
earnings.

Now take a company like BHP. They mine copper, uranium, nickel,
gold, oil, iron-ore, etc. They constantly develop new mines and
have the money to buy any small tiddlers that are worth buying.
Do you think that they will still be here in 10 years making money,
or don't you? Do you think there will be growing demand for their
products? I do. So when their P/E ratio hit around 10, I bought
some more in March or so, for around 25$. As a value investor, I
buy when things are good value, not when they are sky high.

They are now 34$, so I could sell and make a good profit, but I choose
to leave them in my super fund, for in 10 years time they will still
be paying 6 monthly dividends and will most likely still be here
mining, to supply China, Japan, Korea etc.

When Westpac Bank dropped to 14.70, I also bought some more shares,
because I think there will still be a Westpac Bank in 10 years, they
will still be making profits, still sending out dividend cheques
to their shareholders.

tbc