Worse January Sales for 15 years, recession's over? Utter rubbish.... - HotUKDeals
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Worse January Sales for 15 years, recession's over? Utter rubbish....

schizoboy Avatar
6y, 9m agoPosted 6 years, 9 months ago
Worldwide market correction is coming and it's coming in a form of a mild depression imo, see reply for link....
schizoboy Avatar
6y, 9m agoPosted 6 years, 9 months ago
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#1
http://news.bbc.co.uk/1/hi/business/8504766.stm

http://news.google.co.uk/news/more?pz=1&cf=all&ned=uk&cf=all&ncl=de5m5_NLaBAAUPMt-DeYkZESwRkQM

China buying more Gold than ever before (priced doubled in 4 years), expected to quadruple over next four years, DO NOT SELL YOUR GOLD etc.
Some enterpreneurs investing in Chinese Currency/infrastructure expecting Chinese to become new world base currency with USD failing within a decade or so.
Welcome to the new World Order :)
#2
schizoboy
http://news.bbc.co.uk/1/hi/business/8504766.stm

http://news.google.co.uk/news/more?pz=1&cf=all&ned=uk&cf=all&ncl=de5m5_NLaBAAUPMt-DeYkZESwRkQM

China buying more Gold than ever before (priced doubled in 4 years), expected to quadruple over next four years, DO NOT SELL YOUR GOLD etc.
Some enterpreneurs investing in Chinese Currency/infrastructure expecting Chinese to become new world base currency with USD failing within a decade or so.
Welcome to the new World Order :)


Maybe We Should Become Charlie Chans Chow Chow rather than Uncle Sams Poodle :p
banned#3
schizoboy;7791516
http://news.bbc.co.uk/1/hi/business/8504766.stm

http://news.google.co.uk/news/more?pz=1&cf=all&ned=uk&cf=all&ncl=de5m5_NLaBAAUPMt-DeYkZESwRkQM

China buying more Gold than ever before (priced doubled in 4 years), expected to quadruple over next four years, DO NOT SELL YOUR GOLD etc.
Some enterpreneurs investing in Chinese Currency/infrastructure expecting Chinese to become new world base currency with USD failing within a decade or so.
Welcome to the new World Order :)

someone's been reading too much of the Daily Mail :-D

Read between the lines:-

The value of goods sold grew 1.2% in January compared with the previous year

Pretty amazing that they grew at all (still above inflation) considering most people couldnt even get to the shops for 2 weeks+ in January

Online sales continued to rise fast - these were 14.6% higher in January compared with a year ago.

Is your pint always half empty lol?
#4
csiman;7791882
someone's been reading too much of the Daily Mail :-D

Read between the lines:-

The value of goods sold grew 1.2% in January compared with the previous year

Pretty amazing that they grew at all (still above inflation) considering most people couldnt even get to the shops for 2 weeks+ in January

Online sales continued to rise fast - these were 14.6% higher in January compared with a year ago.

Is your pint always half empty lol?



Considering that's based off the inflated prices of the Christmas sales I'll be taking that witha large dose of salt, and please dont accuse me of reading the Daily Mail :(
banned#5
Key Events - Gold
2009
11-19 - WGC: Mine production up 6% in Q3 v. a year ago. World demand down 34% in Q3 from a year ago.


4 year FUTURES market currently shows a 10% gain from todays spot price.

Who exactly is 'expecting gold to quadruple in 4 years'?
banned#6
schizoboy;7791933
Considering that's based off the inflated prices of the Christmas sales I'll be taking that witha large dose of salt, and please dont accuse me of reading the Daily Mail :(

but all your 'facts' are wrong lol

ok - daily express then :p
#7
Daily Mail Newspaper Group generally offends me.
Check any economist article for yourself, many predicting 1930's type depression just not maybe as harsh.
#8
china gonna rule the world velli soon, we all be eating noodles then
banned#9
schizoboy;7791966
Daily Mail Newspaper Group generally offends me.
Check any economist article for yourself, many predicting 1930's type depression just not maybe as harsh.

no thanks - I will stick to the facts of the market rather than one individuals opinion :thumbsup:
suspended#10
muffin247
china gonna rule the world velli soon, we all be eating noodles then


Mmmmmmmmm :)
banned#11
Its true chinese food has over taken indian as the nations favourite take away
banned#12
The main reason gold prices have increase is because of the high energy prices which are incurred by extracting the gold, and the leaching process which is used to separate it from the rock. African Miners cut production as it wasn't viable while the Africans were having the energy crises last year, so even the 6% rise in the last period is well below the normal production figure.

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