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Ford_Power

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Everything posted by Ford_Power

  1. [MODS PLEASE DELETE]
  2. tab, I really don't want to continue arguing, but you totally missed the point. I wasn't in any way shape or form questioning anyone elses experiences!! All my previous post was saying was that I trust what I think and I do, not what someone else thinks or does. And just to ask you guys in general.. who here has made money out of this financial crisis? Im curious to see numbers.
  3. Experience, the place I am today, how I got there, and how I didn't listen to those who told me they knew best. AND If you knew me, you wouldn't be asking that question
  4. Oh yes, and where have I "preached"? I have merely stated what myself and others (central banks/fed/etc) are doing in the market. NOTE: I CLEARLY SAID THAT WHAT I WROTE WAS MY OPINION - NOTHING MORE Lose the holier than thou attitude? How about you learn to discuss something yourself without turning into a piss take and sarcastic rubbish conversation like you always do? I never had a tanty mate, all I said was if you dont have the knowledge to understand, that's totally fine. I know not everyone knows what's going on, but I wont waste my time arguing with you or anyone else on that basis - end of story.
  5. You have to resort to sarcasm now tab?
  6. There are so many things wrong with what you have written there... You obviously didn't read what I wrote earlier! Anyway I cant be bothered arguing with people who do not understand WHY what is happening is happening - if anyone wants my point of view PM me. Cheers, Ross
  7. And anyone who can counter with a statement saying "anyone with that frame of mind clearly has no idea!" doesn't know me from a bar of soap. At the end of the day, I don't know you and you don't know me... so I guess it's all academic in the end who has what. Tab, if only you knew how many bets I have with my stockbroker friends, (2 of them work for very big firms) you would understand. I didn't win the ASX sharemarket investing game (for schools) beating everyone else in australia in 1996 by being stupid. Cheers, Ross
  8. It is a buyers market, but it will be MORE of a buyers market in the not too distant future. Be careful with your other investment properties though... So long as you haven't drawn equity out of them to the brim, (and you didn't buy them at the peak of the boom) you should be OK. F6 Rapid, I just re-read my comments and I do not mean to come across harshly, it's just that I know what the experts say, and I know what I do and why I do it.. and know who is who on the scoreboard that reads 10 - 0. Cheers, Ross
  9. I'm glad you are in the industry F6 Rapid... but with all due respect it is those in the industry who have f*cked it up!!!! How else did it get like this?? Did everyone in the industry take leave for 6 months and call all their mate in to run the show??!! This line I find the most amusing.... I would bet pound for pound I am a better investor than yourself. (I know, it's a big claim... but I do believe so). So please... when it comes to "quality financial advice" I CERTAINLY dont leave it up those in the Australian "Financial Industry"!! Simple - NOT NOW. Why do you suppose that Central banks are buying gold and not dollars at the moment? Gold is a typical safe haven, and the simple answer is that NO-ONE knows EXACTLY how much further down things will go.. they just know they will. Again, with all due respect, if you think your company knows better than France, Australia, and the Gulf's central bank's with regards to invest in dollars (shares) now, then I wouldn't touch you or your company with a 10 foot pole as my "financial advisor". Just for kicks, can you please tell me what effect the current derivatives market as well as the outstanding credit card debt will have on the everyday Australian? And can you please also tell us what exposure our Aus banks have to this. I have the (some) figures, but I want you to dig them up just so we can compare notes for everyone's benefit.
  10. Just out of curiosity Dillz, why do you say this? What happened to house prices in the 1930's? They dropped like a lead balloon! (What we are going through/about to go through is exactly the same as then.. only 5x as bad!!) It's all good and nice of the little real estate agents to tell you "property house prices double every 7-10 years" when they are only quoting info from 1950 onwards! Ask them why did they not double, but HALVE in value (if you were lucky) during the 1930's? Migrants wont be flocking to Aus to work if the global economy slows down, so you will not have any issue with a shortage of dwellings... I'm curious to know what you are using as the basis for your statement? Cheers, Ross
  11. Actually Alvaro, other commodities will go down in price. As the global economy slows, demand for resources such as iron ore, alumina etc reduces as there is less money (credit) available in the local economy to fund projects. Interesting fact... for the VERY first time since China began buying iron ore on the free market, (approx 5 years) they did not purchase India's readily available iron ore last week... That in itself is a good indicator that China is also slowing down... a LOT.
  12. Right now its very difficult to find a "safe" common investment location to put your money in. Property now is NOT the right thing to do - property prices will be falling over the next year (they have already started in every single state) due to the tighter checking of banks on giving loans - less buyers, more sellers.. demand<supply = price decrease. Once house prices are at at their lowest... (I estimate 1-2years) go nuts and buy up big! You do not want to buy a home now, only to find you now have NEGATIVE equity in it 1 year from now! Shares - NO Managed funds - NO This is much much more than just "normal" market cycle.. this is basically the beginning of the end as the USD as a fiat currency and as such shares are a bad idea. ($514trillion derivatives market has yet to be looked at!!!!) One thing that you may note that has been performing extremely well out of all this financial mess is physical gold. 16th September gold price $775USD/oz (approx) compared to todays 9th October gold price $900USD/oz (approx). Why is this? this is because gold is finite in quantity, it cannot be debased like paper currency by just printing more, and it has a high intrinisic worth. Currency USED to be gold backed, but courtesy of some greedy people the gold (asset) backing requirement was removed from the constitution. The gold price is actually being aritificially held low by the US Fed.. they are dumping gold onto the market everytime the price gets near 890USD/oz, but they are going to have to stop that soon seeing as they may actually want to keep some gold as their currency will be worthless shortly!! You may ask why is the Fed doing it then? Well it's all about consumer confidence in the dollar. As soon confidence in the piece of paper you are holding that says $20, is lost, the first thing everyone will do is exchange their US currency! Once this happens it's all over red rover. France has already stopped accepting USD for payment as of last week, and many RETAILERS in India have actually stopped accepting USD also! Have a look around for yourselves - it is almost impossible to buy physical gold in the USA at the moment... yet the price has not shot up astronomically... (it has gone up considerably, but not as much as it should have by a long shot!) why is this?? Economics 101 will tell you that something is not kosher with the equation there... In any case gold has a way to go yet!! PLENTY more!! Cheers, Ross NOTE: The above information is my OPINION ONLY.
  13. The warning light is blinking an error code. Tell me what code it blinks out, and I will tell you what it means. There are two digits from memory, and I think it repeats the code three times.
  14. Exactly correct - bart, this is NOT your typical market swings!! If you REALLY want to know what it about have a search of "collapse of fiat money system" or similar in google and see why paper money will be worthless very soon. Russian president is already making remarks regarding who will be the new world super-power seeing as USA is heading south.
  15. POOR POOR GUY!!!!!
  16. Ford_Power

    Moto Gp

    Hell yes - 1 BIG MotoGP fan here.... Sorry though, I'm a Rossi supporter!
  17. Well the PCM actually compensates the injector coil energisation times based on battery voltage... I would first get a new battery and see what comes of it - you need a new one anyway, and it could be the source of your problem.
  18. hypnodoc and anyone else who is interested.. look up the Glass-Steagall act, see why it was instituted, why it was abolished, and which greedy buggers abolished it... Unfortunately, now we have to reap what we have sown. I know you guys are all saying "just roll with it" etc etc, however it will affect each and every one of you... in the form of inflation, unemployment, etc. HOPEFULLY not to too much of a degree. The USA is going down with OR WITHOUT the bill. All Paulson and Bernanke are doing are putting its citizens in a MASSIVE debt hole to the tune of +30k for each man, woman and child. Why not let the free market do what it has ALWAYS done and allowed natural attrition of the weaker entities? Why do the Taxpayers have to bail out the Wall St execs?? This is NOT a free market yet they say it is??
  19. This has nothing to do with experience! Take the blinkers off! There is a MUCH bigger issue here!! Why do you think USA's top economists are against the bailout?? Just google "top economists against bailout" and see how many hits you get and have a read of why they are against it! As for the Federal Reserve pumping $188 bn/week see link below. How could you not have seen this if you say you "would definitely see something like that"? It is published on many financial websites!! http://www.reuters.com/article/ousiv/idUSTRE48O9B920080925
  20. No we're not cool... we too will feel the slowdown of the global ecomony! We trade goods and services with the rest of the world and vice/versa remember? As I said, we are in a better position than the USA for sure, but it will still affect us too...
  21. Hypnodoc has hit the nail right on the head. USA is going down first... Aus will fair better, but not by too much, for too long. This is a result of using a fiat currency system and allowing those nasty things called "investment banks" to exist. Paulson and Bernanke's bailout plan is utter BS - it is simply a scam to ensure that the banks that they are directly involved with stay afloat. Did you know that Paulson was an ex boss of Goldman Sachs? Also he holds between 4-5million dollars in shares in GS as well as an option to buy 600,000 more! The derivatives market is quoted by some as $500 trillion, and by some as $1000 trillion - this is the nonsense that is the derivatives market! It is so intertwined and wrangled that NOBODY can put a value on the market as nobody has any idea what is where! Just to make it clear, $700bn is not even a drop in the ocean.. it is simply a bail-out of Wall Street fat-cats and some other people's personal interests... re: Paulson. Take a look at the list of banks that are proposed to be bailed out... hmm lo-and-behold, all the banks that owe GS are getting bailed out... funny that hey? The Fed Reserve is already pumping in $188bn/day over the last week to the everyday mum and dad banks just to keep them afloat!! It's just that they are not announcing it!! what is $700bn going to do?? Sweet F All! USA IS GOING DOWN - NO IFs, NO BUTs! The bailout is simply going to put every single American taxpayer about $30,000 in debt, and god knows how many generations after that will be paying for it!
  22. Also FPV badges on the front and rear of the G6E Turbo also...
  23. Hmm whoever owned it must be an enthusiast.... I see he has the FPV logo on the steering wheel as opposed to the standard Ford one... Must have been driving a little too enthusiastically!
  24. Best I could do... http://www.caradvice.com.au/wp-content/gal...mage44357_b.jpg http://www.caradvice.com.au/wp-content/gal...mage44349_b.jpg http://www.caradvice.com.au/wp-content/gal...mage44347_b.jpg
  25. You can't actually get red (Vixen) on the G6ET.. only Seduce which is the closest alternative to red.
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