(GBB)

All Comments on GBB

  • commenter
    Oct 11 10:55 PM
    U.S. Dollar: Best of the Worst? [view article]
    you hyper-inflation guys will be saying the same thing in 5 years . Buy gold and silver !! It's coming to a end !! We will be just fine just like the 70's ! It hurt but we recovered , things were fixed buy super high interest rates . Hello , history often repeats , and for all you gold bugs out there . Gold has done horrible since the 70's . It's pretty much where it was . T-Bill's have destoyed gold in return since then . Reply
  • commenter
    Oct 11 03:08 PM
    My Website
    Profiting from Fear in Forex: Dollar Hits 16-Month High vs. Euro [view article]
    The Yen from Japan...also has had a tremendous run... possibly due to the unwinding of the carry trade.... It is interesting ...how correlated the Yen is to the Stock Market... when the stock market goes down...the Yen goes up...interesting to see if there will be an inverse... Reply
  • commenter
    Oct 11 02:52 PM
    My Website
    Profiting from Fear in Forex: Dollar Hits 16-Month High vs. Euro [view article]
    Yes, strange as it may look, the dollar is scarce commodity now, as all leveraged investments are unwinding.

    I think it will get stronger until the end of 2008, maybe even some time in 2009. After that we will see high inflation, TIPS replacing regular treasuries for 20 cents on a dollar thus in effect decreasing US debt fivefold at the expense of lenders. Not a preaty picture!
    Reply
  • commenter
    Oct 11 01:21 PM
    My Website
    Amidst Chaos, Some Clarity on the Forex Markets [view article]
    Is Forex Risky? I mean riskier than stocks and hedge funds? NFA and CFTC in the USA and FSA in the UK require from everyone offering forex (besides paying registration fee) to state everywhere: "Forex is risky!". Indeed it may be true.

    The banks are safe. Well, I can't say that at the moment.

    And investing in stock markets and property (Real Estate) should bring long term gains. This is questionable as there are falls in Stock Exchanges' Indices (Indexes) right now, that returned us 10 years back. Nikkei still has a lot to go until 35.000 it reached in early 90's. When we will see Dow Jones at 13.000 again?

    I make more than 100% annualized on forex and my trading systems are verified by independent Trading Systems Authority. For me, forex is no riskier than having money in a bank.










    Reply
  • commenter
    Oct 11 12:17 PM
    Profiting from Fear in Forex: Dollar Hits 16-Month High vs. Euro [view article]
    The dollar's rally comes at the expense of the economies of the rest of the world's currencies at a time when they can least afford it and at a time when our economy can't afford it either.

    The rally is helping create job losses in industries which will not be able to compete against the goods and services provided by other countries while at the same time it destroys the purchasing power of those other nations to purchase our goods.

    Deflation here, inflation elsewhere.

    Its not the rise itself that is the problem. Its the speed of the rise. Nations can adjust to fluctuations in currencies over a longer period of time but just like the spike in Oil, The rapidity of the rise may have unintended consequences. The rest of the world may have no choice but to try to decouple from the Dollar.

    The World's Reserve currency should be relatively stable to be trusted. Fluctuations of down and then up of 15% in one year destabilize.

    This does not bode well for the future. When it starts to slide again, I doubt whether the other nations will hang on to see where it stops.
    Reply
  • commenter
    Oct 11 09:50 AM
    My Website
    Profiting from Fear in Forex: Dollar Hits 16-Month High vs. Euro [view article]
    Everyone wants to hold dollar in cash = rise in USD index = deepened credit crunch -> more people wants to hold dollar in cash

    This dollar rally has become a self destruction game.
    Reply
  • commenter
    Oct 10 05:01 PM
    RBS Predicts Global Market Crash: What's In It for Them? [view article]
    Looks like the RBS Investment team clearly knew what they were talking about. Everything predicted is coming to fruition. The predicted 90 days, it took 120 days, but everything else appears to be right on target! Reply
  • commenter
    Oct 09 11:49 AM
    Coordinated Rate Cuts: Too Little, Too Late? The Forex Angle [view article]
    Thanks user 218, I hadn't thought of that. Reply
  • commenter
    Oct 09 10:35 AM
    Coordinated Rate Cuts: Too Little, Too Late? The Forex Angle [view article]
    The smart money that is very wealthy figures that Obama will win the election and tax them to pay for all of his give away plans so they are moving their money out of the market to safer havens. Reply
  • commenter
    Oct 09 10:32 AM
    My Website
    Coordinated Rate Cuts: Too Little, Too Late? The Forex Angle [view article]
    For the author's enlightenment:

    seekingalpha.com/artic...
    Reply
  • commenter
    Oct 09 10:26 AM
    My Website
    Coordinated Rate Cuts: Too Little, Too Late? The Forex Angle [view article]
    "Unfortunately, despite several rallies in stocks, equities have given back all of their gains as investors seem to believe that the actions by the central banks are too little too late"

    More appropriately the 'investors' are finally realizing that central banking IS the problem.

    Systems based in a constantly devaluing currency ALWAYS collapse in the long run. Sadly the author is unaware of this and continues to apply the 'usual' rules of lower rates = market up when there has been a huge shift in the underlying belief system of the market toward distrust of the underlying fiat money tenet.

    Smart money can see by the extreme measures taken to 'save' the system that it is already too late. The best central banksters can hope for at this point is a long and drawn out decline.
    Reply
  • commenter
    Oct 09 09:33 AM
    Coordinated Rate Cuts: Too Little, Too Late? The Forex Angle [view article]
    When all central banks cut rates the same amount, the problems existing between them remain the same. But all countries do not have the same problems. Toxic exposure varies by country.

    So, yes it is way too little, but not too late if each Bank acts according to its needs in an uncoordinated manner. Money will then begin to flow away from the weaker to the stronger. The weaker can adjust accordingly.
    Reply
  • commenter
    Oct 08 05:47 PM
    My Website
    U.S. Dollar: Best of the Worst? [view article]
    In response to your question, I think that we should "forget about it." The it is money. People still need to do the work that has to be done. Especially all the "poor" and "middle class" people who provide all the mundane goods and services that everyone enjoys everyday. We can let our fixation on money drive us to wreck and ruin or we can get on with the work that has to be done. We all still need to provide the basics for each other rich, middle class or poor. We need to eat. We need to clothe ourselves, and we need a roof over our heads. If we focus on making sure everyone in this country has these necessities in sufficient quantity to maintain their human dignity, then the money or capital that has been lost will gradually be regenerated. There is still enough money to pay people for the work that has to still be done so that food can be eaten, clothes can be worn, and rents can be paid. We just have to give up the notion of surplus wealth until we have regained sufficient wealth for a well functioning and sustainable economy. Reply
  • commenter
    Oct 08 05:06 PM
    Coordinated Rate Cuts: Too Little, Too Late? The Forex Angle [view article]
    USD/JPY the carry trade is far from completely unwounded, long term, short this pair seems like the clear winning trade Reply
  • commenter
    Oct 08 04:53 PM
    Coordinated Rate Cuts: Too Little, Too Late? The Forex Angle [view article]
    Looks like hedge funds are looking at every Fed pump as an opportunity to dump on the chumps. Reply