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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: critical_mass who wrote (69951)	12/24/2010 5:22:33 AM
From: elmatador	Respond to of 217591

He can prove. Traders knows how buffer stocks work. en.wikipedia.org

To: critical_mass who wrote (69951)	12/24/2010 7:03:56 AM
From: TobagoJack	Read Replies (1) \| Respond to of 217591

Just cleared from desktop From: J Sent: 24 December 2010 08:11 Subject: Re: Comments - Week of December 20 <<Beijing’s housing price fury goes viral>> excellent development china's big issues cannot be resolved by pussyfooting around or twiddling thumbs officialdom must redouble effort at providing social housing given so, buy: aluminum ... cement ... chrome ... copper ... farm ... food ... gas ... gold ... hong kong ... iron ... land ... oil ... palladium ... platinum ... silver ... uranium ... vanadium ... zinc From: I Sent: Fri, December 24, 2010 2:48:46 PM Subject: Re: Comments - Week of December 20 ft.com Beijing’s housing price fury goes viral By Jamil Anderlini in Beijing Published: December 23 2010 20:10 \| Last updated: December 23 2010 20:10 The anger harboured by Beijingers about sky-high housing prices has been captured in a sardonic e-mail spreading in Chinese cyberspace calculating how long it would take peasants, thieves and prostitutes to buy a home. With consumer inflation in China topping 5.1 per cent in November, public dissatisfaction at price rises has reached the highest level since records began in 1999, according to a recent central bank survey. But such surveys cannot convey the acerbic political wit that Chinese people, and especially Beijingers, are famous for when they have to “eat bitterness” – in this case to meet the cost of buying a home. The e-mail, which has gone viral in various versions, provides unscientific but entertaining estimates of how long citizens would need to work to afford a 100-square-metre apartment in central Beijing, which currently sells for about Rmb3m ($450,000). As long as there were no natural disasters, a peasant farmer working an average plot of land would just have been able to afford an apartment if he or she somehow had worked since the Tang dynasty, which ended in 907AD, until today. If a Chinese blue-collar worker had been on the average monthly salary of Rmb1,500 since the opium wars in the mid-19th century and had given up weekends, then he or she might just have been able to afford a place of his or her own. Prostitutes, the e-mail says, would have to entertain 10,000 customers – a marathon feat requiring them to service one customer a night from the age of 18 until the age of 46 without an evening off. The thief would need to conduct 2,500 robberies to find the funds to buy a home. Of course, the e-mail notes, such calculations do not count interior decoration, furniture or household electronics. In another popular e-mail, a second anonymous author describes with dark resignation the dilemma facing ordinary people in today’s increasingly unequal society. “Can’t afford to be born because a Caesarean costs Rmb50,000; can’t afford to study because schools cost at least Rmb30,000; can’t afford to live anywhere because each square metre is at least Rmb20,000; can’t afford to get sick because pharmaceutical profits are at least 10-fold; can’t afford to die because cremation costs at least Rmb30,000,” the e-mail reads.