Sign of economy downturn

[Sabbie]

ohhh....then my fren's accumulator die liao. really trust the banks to come up with this kind of deal, if strike, u transact and profit on 30oz. if loss, u pick up 45 oz.

 

your fren taking a bet on spot prices mah....boy am I glad I am not a priority or private banking customer!

[Csnewbie]

when economy down...there are good deals....

 

i am waiting.

[Leeke1]

when economy down...there are good deals....

 

i am waiting.

yes...i am waiting for tat too....this is the turning point for middle class group to become rich group

[Csnewbie]

yes...i am waiting for tat too....this is the turning point for middle class group to become rich group

and not married to becum married?

[Leeke1]

and not married to becum married?

if married...den will be turning point from rich to become middle again.....

health will be affacted too..

 

wife will suck ur sperm and money....

[Calvin79]

yes...i am waiting for tat too....this is the turning point for middle class group to become rich group

 

 

or the rich become richer???

but the poor get poorer....

 

 

[Drumstick]

if married...den will be turning point from rich to become middle again.....

health will be affacted too..

 

wife will suck ur sperm and money....

 

That wife must be 1 hell of a sucker.... [laugh]

[Sk65]

I am accumulating it as the price comes down.

 

Especially after I hear the news that FED and some central banks are trying to bail out Europe. This is the worst they can probably do. Now, they will all crash in one sweep.

 

IF SNB needs to liquidate GOLD to protect CHF,

 

what can you liquidate to protect your GOLD?

[Funner]

but got TT as president ! Sure WUN downturn one!!!

 

sounded like attending a funeral

[Jasonjst]

How severe u think this downturn will be? will it be like lehman's in 2009?

 

will be TT ( terrible turn )

[Csnewbie]

sounded like attending a funeral

agreed. :angry:

[Maka]

Lets all hold our cash properly til next FY. Just like in 1997, alot just dump their $$$ into stocks and shares hoping to make a profit out of it and ends up losing their house, boats and nice cars...

[Jasonjst]

seems that people are still taking cheap loans to buy houses. developers are still offloading ppties. if ppty market goes down, jialat....

 

Uncle TT will have to jiu ming!

 

How come go up beh jialat huh ?

 

[Icedbs]

IF SNB needs to liquidate GOLD to protect CHF,

 

what can you liquidate to protect your GOLD?

 

SNB? They can liquidate all the gold they want.....and I wouldn't care a bit! They are not going to impact the world gold market.

 

And why would I want to protect my gold? If it goes down, I will want to keep buying it.

 

I started buying gold in 2002 when nobody even know there is this thing called gold savings account.

[Sk65]

I started buying gold in 2002 when nobody even know there is this thing called gold savings account.

 

thats great,

i admit in 2002, i dunno there's such a thing.

 

 

[Sgg687z]

It will never happen.

Printing money will keep the economy going.

Singaporeans no money to buy properties? The rich Chinese and Malaysian will come and grap the cheap properties.

Just like when London and aussie properties were cheap in the late 90s, many singaporean went to buy it.

 

The only time properties go down is when Singapore is finished!!

Do anyone here want to see that happen? I don't think so.

Therefore...subconsciously....the citizens are hoping the emperor and son will keep the song and dancing on and on.

No worries....the force is strong.

I am getting my first private property for investment soon. I am vested

 

 

do you have property for sell ?

[Maka]

whether property go up or go down does it make any difference when you oready tied to a loan? I guess the worrying part is do you still have a job or a secured income to finance it.

[Csnewbie]

do you have property for sell ?

iirc...$1mil HDB.