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Off Topic The Chinese implosion...

Discussion in 'Hull City' started by Chilton's Hundreds, Aug 24, 2015.

  1. ellewoods

    ellewoods Well-Known Member

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    Hmm I don't remember that but it's been a while since I saw it on tv.
     
    #21
  2. RonaldF

    RonaldF New Member

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    And a mysterious buyer steps in buys massively to half dow jones losses. Who on earth could that be lol? Plenty of drama up ahead.
     
    #22
  3. Tuckin

    Tuckin Well-Known Member

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    Peggy's maiden name was ****er. Her father was called Ephraim ****er.
     
    #23
  4. THE EXCLUSIVE 10%

    THE EXCLUSIVE 10% Well-Known Member

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    no mystery...its the large institutional investment houses like banks, hedgefunds and professional traders. As a qualified stockbroker & Ifa (now retired) I would normally hate days like today however I am now a retail trader so I love days like today...fill yer boots time
     
    #24
  5. RonaldF

    RonaldF New Member

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    I don't think it is that much of a secret tbh.
     
    #25
  6. Bengals Tiger

    Bengals Tiger Well-Known Member

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    I first heard it over here in relation to Peg Bundy's birthplace on Married with Children, one of the few American comedy shows that's actually funny.
     
    #26

  7. Anal Frank Fingers

    Anal Frank Fingers Well-Known Member

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    Had a child called Leo. He was a stuntman.

     
    #27
  8. where's les mutrie now

    where's les mutrie now Well-Known Member

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    Apparently worse day on the European markets since 2008. Wonder what will happen tomorrow? Oh yes City are playing against Rochdale, just in case this thread gets too er Political.
     
    #28
  9. TheCasual

    TheCasual Well-Known Member

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    One of my favourite economist, Steve Keen has been predicting this for months.

    He has predicted the 2008 crash in around 2005.
     
    #29
  10. Tuckin

    Tuckin Well-Known Member

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    Blackburn never should have sacked him.
     
    #30
    Quill, Barchullona, PLT and 1 other person like this.
  11. THE EXCLUSIVE 10%

    THE EXCLUSIVE 10% Well-Known Member

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    August is a favoured month for falls like this. seen it a few times and occasionally can go on for a while but I have also seen falls like this recover just as quickly. This has been overdue for most of this year (was really due in April/May) so in real terms not a great deal to worry about for now, just future great buying ahead.
     
    #31
  12. tigerscanada

    tigerscanada Well-Known Member

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    I suppose I should give up on my Bre-X shares now then ?
    Tulips too.
     
    #32
  13. Mrs. BLUE_MOUNTAINS_BEAR

    Mrs. BLUE_MOUNTAINS_BEAR Well-Known Member

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    Would nominate October as the worst month for falls as history shows. The biggest for me was in Oct 1987 when values fell by 20% overnight with a total of over 40% for the month here in Aus. I had held shares for 12 months prior to this and seen a 20% increase and quit immediately after the 20% fall.

    Soon after I switched mainly into property investment around Sydney with limited share investment. For the past 10 years all investments have been in cash funds.
     
    #33
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  14. Amin Arrears

    Amin Arrears Well-Known Member

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    I don't give a **** about things like this, and know **** all about it, but was interested to see what impacts its hd on different currencies to see if it's worth buying them in now.

    Some currencies hve seriously dropped. The Brazilian and Malaysian in particular. Could be money to be made buying them now and selling back in a year or so when things return to normal, if they do. How are the currencies likely to recover?
     
    #34
  15. essexgull

    essexgull Active Member

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    Any answer you get to your question will be a prediction.

    It depends on the world economy - the currencies you mention are from raw material exporter economies (Brazil and Malaysia). If China's growth slows down and commodity prices stay very low, then the currencies of those countries will remain weak. If you think China will bounce back or their government will initiate some huge stimulus package to re-start growth, then Brazil and Malaysia could see a recovery in their economies and currency. However, Brazil is in recession right now, so it's a risk to back them...

    This probably doesn't help you much, but anyone that tells you that they know exactly what will happen in the future.. is lying.



    ESSEX GULL
     
    #35
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  16. THE EXCLUSIVE 10%

    THE EXCLUSIVE 10% Well-Known Member

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    #36
  17. ElTigre

    ElTigre Well-Known Member

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    China crashed again today but a 1% cut in its interest rate is enough to send the FTSE surging. It's as though we're grateful for any scraps.
     
    #37
  18. THE EXCLUSIVE 10%

    THE EXCLUSIVE 10% Well-Known Member

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    anyone that tells you that they know exactly what will happen in the future.. is lying. very true as it is always a game of probabilities however there are times when the probability is quite high but there is never ever an exact outcome if you trade currencies, commodities etc. even historic correlations between asset classes can go the wrong way on occasions
     
    #38
  19. originallambrettaman

    originallambrettaman Mod Moderator Staff Member

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    Some good banking news - The Yorkshire Air Ambulance has been given £1m of money collected by government fines on the UK's banks.
     
    #39
  20. John Ex Aberdeen now E.R.

    John Ex Aberdeen now E.R. Well-Known Member

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    That is good news, it seems that it was instigated by a letter from Geoff Boycott who wrote to David Cameron, who agreed to the funding.
     
    #40

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