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filipo

filipo
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  • Gold bear market over? [View news story]
    ace,
    "at least you have dividends to fall back on (assuming you bought at least SOME solid companies that pay a dividend)."

    I wouldn't count too much on dividends in a deflationary environment: dividends tend to disappear even from "solid" companies http://bit.ly/1vfyQIn
    And I wouldn't count on yields of T-bonds either. In some nations the yields have turned negative recently as they soon will in the US as well:
    http://bit.ly/1yeYcSm

    Corporate gains and dividends evaporate in deflation because of margin erosion.

    Expect gold to surge when T-yields go negative or near-negative.
    Jan 30, 2015. 12:21 PM | 3 Likes Like |Link to Comment
  • The Coming Euro Crash [View article]
    Michael,
    Although there are resemblances between "real-kapitalismus" and "Sozialismus", you mustn't exaggerate or obfuscate the truth.
    According to your definition even Britain would be socialist because they have this public NHS. Well, Cameron sure won't like your idea. He's Conservative, point.
    France is socialist. Germany is Christian-Democrat.
    Germany offers more characteristics of capitalism than of socialism while France offers more characteristics of socialism than of capitalism.
    But that does not mean that each of them would not bear characteristics of both economic systems. Indeed they do.

    Germany did NOT want to join the euro.
    Point. Repeat with me.
    Germany has been dragged into the euro adventure.
    Point.
    Afterwards Germany profited the most of the common currency, yes, but whose fault was that ?
    Whose fault was it when the US had to leave Vietnam ?
    Was it Vietnam's fault, according to your logic ?
    Or was it the agressor's fault who shouldn't have declared war in the first place ?
    Jan 30, 2015. 08:25 AM | Likes Like |Link to Comment
  • Precious metals tumble [View news story]
    fish,
    Congrats, have you won the jackpot ?
    Jan 30, 2015. 08:10 AM | Likes Like |Link to Comment
  • Gold Price: Caution Ahead [View article]
    rogro,
    On the other hand, the IMF is famous for it's bloopers:
    http://bit.ly/1vesyIZ
    Jan 30, 2015. 08:07 AM | Likes Like |Link to Comment
  • Fed's Insistence On Transitory Disinflation Puts A Pause On The GLD Trade [View article]
    Gold as a hedge for equities..
    Who would have thought ?
    Jan 30, 2015. 06:19 AM | 3 Likes Like |Link to Comment
  • Gold bear market over? [View news story]
    "the world is going to end. That's right!"

    Fiat money is going to end, that's right:
    http://bit.ly/1uG7HIF
    Jan 29, 2015. 03:02 PM | 2 Likes Like |Link to Comment
  • Gold Price: Caution Ahead [View article]
    rogro,
    I was wondering, if a Western CB, like the Dutch, would be increasing it's gold reserves, which is very unlikely, I know, but suppose they would, would they report to the WGC ?
    Or would they keep silent to not to alarm the community ?
    In the recent past they have been reporting sales, that's for sure, but purchases ? Never.
    Jan 29, 2015. 02:22 PM | Likes Like |Link to Comment
  • Precious metals tumble [View news story]
    It appears these 17 tonnes last week added in the ETF's have been flowing out today.
    Jan 29, 2015. 02:18 PM | Likes Like |Link to Comment
  • Gold Price: Caution Ahead [View article]
    rogro,
    Jack Lew said that a strong USD is in the US interest, and I believe him.
    I expect a buy-over spree coming from the US any time soon of European e- and high-tech companies that are so cheap to any US company with leverage capacity -all have- or who have cash, thanks to the EUR/USD being low.
    Jan 29, 2015. 11:39 AM | Likes Like |Link to Comment
  • Gold Price: Caution Ahead [View article]
    rogro,
    I put a "like" under your first comment, having serious doubts myself about the author's logic.
    However, your latest comment seems to have been denied after a wrongly stated IMF report:
    http://reut.rs/1yKSwDm

    Take care
    Jan 29, 2015. 11:34 AM | Likes Like |Link to Comment
  • The Coming Euro Crash [View article]
    SU,
    "And what is the result?"

    Ireland is doing fine with a GDP growth 2014 of 3.8%.

    Portugal is keeping up and will be out of the Woods soon.

    Spain is doing great again: the economy is booming.
    Jan 29, 2015. 09:42 AM | Likes Like |Link to Comment
  • The Coming Euro Crash [View article]
    Moon,
    "Germany has been trying forever to get countries in the Euro"

    You have no idea whatsoever of European history.

    The euro was France's creation in the first place. It was French socialist president François Mitterrand who pushed this idea. He wanted
    1/ To neutralize the German threat forever
    2/ Shape a counter-weight against the USD
    And thus the euro was created at the 1992 Maastricht meeting.

    The Germans objected till the very last minute but were dragged into this adventure. It appeared only later that they were the major beneficiaries, because they had to develop their economy to rival with the Chinese and hence they became the fiercest world export machine based on a superior productivity level.
    Germany has no SOCIALIST system.

    Know your history !!
    Jan 29, 2015. 09:39 AM | 1 Like Like |Link to Comment
  • Bank of Greece Governor forced out? [View news story]
    francis,
    "what does Argentina has to do with this? "

    This:
    http://bbc.in/1yQqLsZ
    Jan 29, 2015. 09:18 AM | Likes Like |Link to Comment
  • The Coming Euro Crash [View article]
    Austria leaving the euro might even be a bigger benefit to the EZ.
    Austria's banks deserve junk status.
    http://bit.ly/1uEHXfY
    and soon Raiffeisen:
    http://bloom.bg/1uEHWbJ
    Jan 29, 2015. 08:34 AM | 1 Like Like |Link to Comment
  • The Coming Euro Crash [View article]
    quant,
    "Would that be the source?"
    Predominantly, yes, plus the conventional ones, northern Africa and the Mid-East. Shipping will be needed.

    Tonight the Greek Government sent home the governor of the Greek National Bank. They're mimicking Argentina's Kirchner.

    This guy Tsipras and his minister of Finance are ideologists of the first order. Beware, it isn't the last we've seen of these lunatics.
    I hope the markets will teach them some economics101 soon.
    Jan 28, 2015. 03:59 PM | 1 Like Like |Link to Comment
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