Australia's largest stock trading and investment forum Australia's #1 stock forum

GCY

Click for more information

1.82%

54.0¢ gascoyne resources limited

This stock will fly, page-58

First 58 Last

Share
Profile

Follow
mickeebee

1,130 Posts.

51

21/12/18

10:27

Post #: 36931315
Share

Originally posted by jackfisher1: ↑

Boom, back to 30 cents in the next 3 months. Big moves in the US market over night and a very shakey AU economy, royal commission report released in Jan, Labor gov looking put the breaks on negative gearing and capital gains tax and house hold debt a record highs which has been further spured on by the government lifting the cap on interest only loans that the banks can have within their books.

With house prices in steady declines in Sydney and Melbourne and their surroundings the government needs to do everything possible to keep the credit flowing while the banks are tightening policy - in the next 12 months Australia is looking at a potential GFC scenario if credit is restricted too heavily.

Expand

couldn't agree more - been saying it for months. went defensive over 3 mths ago!

gold will BOOM. it has to. Trillions shed off markets. this is playing out exactly like the gfc. remember it like yesterday....

20c party soon, 30c not far after!

MERRY CHRISTMAS ALL!

GCY Price at posting: 15.5¢ Sentiment: Buy Disclosure: Held
3 Upvote

1 Great analysis

Reply

Top Stories

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

US election outcomes: Key economic and market takeaways

ASX Market Open: Winning Wall Street, RBA minutes to keep local bourse flat | November 19, 2024

Quit before you're fired: Russia bans uranium exports to USA, duplicating extant US ban

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

There are more pages in this discussion • 6 more messages in this thread...

First 58 Last

Add GCY (ASX) to my watchlist