Thursday, April 20, 2006

Midas Touch

The markets are having a party!!!

Hmm makes you wonder what they are celebrating? Rising oil prices? Rising commodity prices? Rising interest rates?

Step on the bandwagon people... liquidity's in town! It's scary to think how long this whole euphoria will last.

Asian economies are strong, they can absorb the oil shock - but can America? Alright, interest rates stabilize, what about the dollar?

Can we do without the States? If it gets screwed will we still flourish? Arent we all still export-driven?

China - growing at a rate of 10%+. Aint there the risk of measures being implemented for a soft landing? Wont it curb lending? Perhaps increase interest rates / increase reserves at banks? Plus wont China Inc feel the pinch of rising commodity prices?

What about a pandemic? Oh yeah we have a short-term memory... what pandemic??

Sigh... Wish I had bought more gold when it was around $400 (Mum didnt I say it wasnt coming down?) and (dad) on hindsight the purchase at $535 wasnt that bad! What say we accumulate more? pls??? Or give me ya life savings so I can put them in the Vietnam mkt!