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Re:RESERVE BANK OF AUSTRALIA UP TO TRICKS!!

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By: westleyhuffman
2/11/2009
7:17 pm

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  westleyhuffman

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Re:RESERVE BANK OF AUSTRALIA UP TO TRICK ... Reply to this message
If the economy is going so well why do I feel like I should go buy a large tube of lube right now before it costs to much.

By: guy.longshank1
9/10/2009
4:06 pm

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  guy.longshank1

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Re:RESERVE BANK OF AUSTRALIA UP TO TRICK ... Reply to this message
packofnutters

I know you post offensive comment merely to obtain recognition you lonely freek.

So here is some for you -

Do put a sock in it and crawl back to your slimey hole HECKLER! Nobody but you posts such outlandishly offensive and poor mannered comment on these BLOG's using multiple fake ID's... Be gone foul TROLL!!

By: packofnutters
9/10/2009
2:04 pm

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Re:RESERVE BANK OF AUSTRALIA UP TO TRICK ... Reply to this message
I see the nutters on the negative blog are back to their old tricks of complaining and moaning to YAHOO about any poster who disagrees with them .

Maybe they should all move to China.!I think they'd have a lot in common!

Their gruesome psyche frequently displaying paroxysm is the measure by which readers ascertain their lack of mental stability.
Their joint continual denial to accept that Australia has performed very well and is continuing to do so,is evidence and very similar to religious fervour indulged in by some extremists currently masqerading in our society,hell bent on causing trial and tribulations for decent,moral and hardworking citizens.


Back to the good news:

1/
AAP - Friday October 9, 2009, 10:04 am

Henry predicts strong economic forecasts
The Australian economy has performed better than expected and the next set of government forecasts will reflect that view, Treasury Secretary Ken Henry says."It is no secret that the next...

2/
Australasian Investment Review - Friday October 9, 2009, 8:27 am

Labour Market Improves, Economy Into Recovery Mode
There is no way Reserve Bank Governor Glenn Stevens and the rest of the central bank's board would have expected to have this week's rate rise vindicated so quickly and so emphatically. But...

3/
Reuters Finance News, Australia - Friday October 9, 2009, 8:23 am
Australia shares seen up on economy optimism
SYDNEY, Oct 9 (Reuters) - Australian stocks may get a boost on Friday after a strong start to the U.S. company earnings season boosted sentiment over a recovery, with resources stocks set to gain on...

AND THE LIST GOES ON!


!

By: fire.fly_au
12/09/2009
9:20 pm

Message deleted. Reason: Breach of terms of service

By: cxo99
12/09/2009
3:29 pm

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  cxo99

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Re:RESERVE BANK OF AUSTRALIA UP TO TRICK ... Reply to this message
the rba is the insiders vehicle to fast wealth creation.

mr stevens has the ultimate inside information vehicle.

By: hdmausguy
12/09/2009
10:50 am

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Re:RESERVE BANK OF AUSTRALIA UP TO TRICK ... Reply to this message
yep totally agree. On Monday Obama is to make a major speech using the collapse of Lehman bros. a year ago as the focal point of a spin to win the hearts and minds of investors(once more) that the "sick USD" is gradually getting better.

By: akdoc1
12/09/2009
7:05 am

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Re:RESERVE BANK OF AUSTRALIA UP TO TRICK ... Reply to this message
Your right Lasty no body in their right mind would buy US$ now, people do it out of fear. The US has used fear to convince people that the US$ is the only safe currency in the world and most people seem to believe it.

By: lasty49
11/09/2009
1:39 pm

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By: mentawaisurf
11/09/2009
1:11 pm

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Re:RESERVE BANK OF AUSTRALIA UP TO TRICK ... Reply to this message
The USD is in the process of bottoming while other currencies, including the AUD, are in the process of topping. By year's end the AUD may be closer to half a buck than parity. Why not get 'in' on the trade too?

By: lasty49
11/09/2009
10:02 am

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By: plasticplayingcards
9/09/2009
9:46 pm

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  plasticplayingcards

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Re:RESERVE BANK OF AUSTRALIA UP TO TRICK ... Reply to this message
p.s. part about "democracy" relates to the fact that we live in a so called democratic country where one of the most critical functions of the nation is being carried out by a non-elected non-government body. :)

By: plasticplayingcards
9/09/2009
9:42 pm

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  plasticplayingcards

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RESERVE BANK OF AUSTRALIA UP TO TRICKS!! Reply to this message
So here we go again with the reserve bank of Australia up to tricks again. If anyone can recall, the reserve bank was putting up interest rates rapidly last year while the rest of the world was reducing theirs. This resulted in the Aussie dollar to almost be on par with the USD. When this occurred, I would imagine that the RBA as well as majority of the big banks, other financial institutions, and anyone else "in on" what was going on bought significant amounts of USD. Then, all at once, Australia reduced their rates suddenly back down as the GFC "started" to effect Australia.

This time around, the RBA wants to again make the move and increase rates NOW before other developed nations do in order for the Aussie dollar to go up compared to USD. If everyone increased rates at the same time, AUD would stay around the same, hence no gains from trading currency. Whilst there are some "good" news coming out in the Australian economy, the whole world, the WHOLE world is still cautious. Not Australia ofcourse, not the RBA ofcourse, because again, the scheme is to increase rates, which will increase the aussie dollar, then buy up USD and other currencies whilst the AUD is up, and once other nations start raising rates in a year, the Aussie dollar will go back down and RBA and everyone else in on it while make a huge profit once again, like last time when the aussie sank to 60cents this year and when that happens the RBA will "sell" their USDs' and "save" the aussie by going back and "buying" the AUD. LOL ... now thats called democracy!
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