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filipo

filipo
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  • 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 Fran├žois 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
  • Bank of Greece Governor forced out? [View news story]
    They're nuts. Next they'll sell their gold to make up for their debts. Wouldn't be the first socialist state to do this.
    Argentina ? Any one home ??
    Jan 28, 2015. 03:50 PM | Likes Like |Link to Comment
  • The Coming Euro Crash [View article]
    quant,
    Expect some strong blackmailing strategy from the part of the Greeks on Europe (Germany) the next couple of weeks.
    That's what they're excellent at.
    They want more debt reduction, if not all debt reduction from Germany and they regard this pipeline issue coming from Russia through Turkey and supposedly meant to supply southern Europe as a God sent.

    I can't disclose my sources, but there exist plans in Europe of building an NG pipeline from Italy to Switzerland and supplying Germany, France, Belgium and even the UK. Imo this could be the best answer to the Greeks and the Russians: we don't need Russian NG going through Greece.
    Jan 28, 2015. 02:39 PM | 1 Like Like |Link to Comment
  • The Coming Euro Crash [View article]
    Uncle Vlad, I presume.. ?
    Jan 28, 2015. 06:02 AM | Likes Like |Link to Comment
  • Apple's (AAPL) CEO Tim Cook on Q1 2015 Results - Earnings Call Transcript [View article]
    Glad to have contributed with the purchase of my MacBook Air.
    It's simply the best quality mini laptop one can buy, and it's beautiful to look at.
    A thing of beauty is a joy for ever.
    Jan 28, 2015. 12:19 AM | 3 Likes Like |Link to Comment
  • General Electric Just Inked Its Largest Wind Deal Ever With China [View article]
    Argyll,
    "not wind as wind is not a heating system."

    In case you didn't know: over here they use these windmills to produce electricity and they use electricity for heating.
    So, yes, wind competes with oil since oil is equally used for heating.

    "It is likely close to 90% of your electricity is from fossil fuels."

    Not true: nuclear stands for 30% of our electricity -in France it's even 55%-, fossil fuels stand for 43%, hydro 7%, renewable (wind + solar) 21% and the rest is biomass:
    http://bit.ly/1Bjb2zW
    Jan 27, 2015. 06:32 AM | Likes Like |Link to Comment
  • General Electric Just Inked Its Largest Wind Deal Ever With China [View article]
    jst,
    "Then one also has to ask if Alstrom and Oil and Gas assets are going to add to profits?"

    It's Alstom, not Alstrom.
    But apart from that, you are right. GE has bought these Alstom energy assets at the worst possible moment when energy prices where on the verge of collapse.
    Of course they won't stay eternally depressed, but in the meantime -meaning as long as oil stays at sub $60- the partial Alstom takeover will cost GE dearly.
    Cunning French ! I knew there was something fishy in their willingness to sell part of one of their "strategic" crown Jewels:
    http://yhoo.it/1uWIFuC
    Jan 27, 2015. 04:30 AM | Likes Like |Link to Comment
  • General Electric Just Inked Its Largest Wind Deal Ever With China [View article]
    Argyl,
    "Oil doesn't compete with wind."

    Really ?
    Well, I just replaced my oil fuel burner by electric heating.
    Over here windmills produce 10% of the power on the electric grid.
    So, wind DOES compete with oil, doesn't it ?
    Jan 26, 2015. 07:52 PM | 2 Likes Like |Link to Comment
  • General Electric Just Inked Its Largest Wind Deal Ever With China [View article]
    That is a major achievement of GE to get this deal done at a time when the oil price is so cheap.
    Probabaly the Chinese are getting fed up with their horrific pollution.
    Jan 26, 2015. 03:35 PM | 4 Likes Like |Link to Comment
  • Wall Street Breakfast: European Markets Face Syriza Victory [View article]
    Husker,
    And being from Western Ukraine, you assume he speaks that fluent American-English ?
    He has a more pronounced native American accent than Poroshenko who has lived so long in the US.
    Jan 26, 2015. 02:35 PM | 1 Like Like |Link to Comment
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