Nek minnit BTC hit's $57,600. And that's without the retail mania of the past. How many main stream media outlets in NZ are writing that BTC has hit ATH's in NZD ($93k NZD) ? Where's the froth?
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"the number of tips I've had from hotel workers, Taxi drivers, labourers etc on the next great Crypto investment"
I don't know anyone in my personal life who invests in crypto, you must be some special guy or full of S
"IMHO" your opinions are just salt, you aren't there JBmurc, you're still 20 years behind like the rest of the NZ economy
OCR 5.5, wonder if banks will compete on Mortgage rates now and you'll see some wacky bundles they'll start offering, this will make lending easier and home owners and new home buyers to over leverage again, POP, somethings brewing.
JBmurc will know he speaks to everyone, so I wouldn't be surprised if Adrian Orr told him a few crypto investment tips at the same time
Just look at what the Saudis are.doing with their sovereign wealth fund and Aramco, risk is getting riskier
Govt stock rates tumbling post OCR hold
Hong Kong also, announced just recently today -
More evidence banks looking to compete, global housing going to go all out of whack again and many will be leveraged to the max, I fear maximum pain, countdown is on the horizon
https://www.thestandard.com.hk/break...roperty-market
And look where that got us to, heaven help the hapless mortgage holders and the unemployed or soon to be unemployed, who are at the core of the RBNZ strategy for financing the inflation recovery! It's so lopsided that it's ridiculous, they just create a new, or two, new hapless demographics that are fiscally punished beyond belief for the sake of a few percent of CPI. It's like shooting fish in a fishbowl, the hapless with no chance of escaping the pain are just tools that the RBNZ exploits to achieve some arbitrary figure of inflation that everyone experiences, but their targets hurt those who are the most affected, not those who have the means to remain largely unaffected. Bizarre, it beggars belief.