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Ceinz		#991 Posted : Wednesday, July 13, 2011 11:53:38 AM
Rank: Veteran Joined: 5/7/2009 Posts: 1,032 Location: Sea of Transquility		hisah wrote: @Ceinz - Soros is a currency shark. Eurozone had better be careful with his proposals. I can't agree more. “small step for man”
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Ceinz		#992 Posted : Wednesday, July 13, 2011 11:55:39 AM
Rank: Veteran Joined: 5/7/2009 Posts: 1,032 Location: Sea of Transquility		Following yesterday’s Dollar strength across the board and major Euro weakness, markets started to recover as investors recovered earlier losses but news of Moody’s downgrading Ireland to Junk added further pressure on the currency and health of the EU region as the nation joins Greece and Portugal on junk rating with Moody’s citing probability that Ireland will need additional official financing and for investors to share in losses before it can return to the private market to borrow with the outlook set to negative. FOMC minutes of the meeting showed policy makers were divided on whether additional monetary stimulus will be needed if the outlook for the economy remains weak. There are speculations of introducing QE3 which could further weaken the Dollar against the Euro and the Yen. news.ac-makets.com “small step for man”
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Ceinz		#993 Posted : Wednesday, July 13, 2011 1:06:30 PM
Rank: Veteran Joined: 5/7/2009 Posts: 1,032 Location: Sea of Transquility		hisah wrote: While Putin calls Bernanke a hooligan. While I call them banksters. http://www.dailypaul.com...gans-for-printing-money printing money by central banks is pure theft, imagine cbk printing billions and using the money to buy hard propery, ur land or something. Its like an exchange of something for nothing. They say cash in bank earns as square root of all idiots, moral of the story store ur wealth in hard form, not paper. “small step for man”
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Ceinz		#994 Posted : Wednesday, July 13, 2011 5:13:25 PM
Rank: Veteran Joined: 5/7/2009 Posts: 1,032 Location: Sea of Transquility		Dollar is lower after Bernanke said that the Fed was ready to respond to economic weakness. “small step for man”
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Ceinz		#995 Posted : Wednesday, July 13, 2011 5:24:19 PM
Rank: Veteran Joined: 5/7/2009 Posts: 1,032 Location: Sea of Transquility		BERNANKE SAYS ECONOMY WARRANTS LOW RATES FOR `EXTENDED PERIOD' BERNANKE PREDICTS UNEMPLOYMENT WILL DECLINE `ONLY GRADUALLY' BERNANKE SAYS PACE OF RECOVERY WILL PICK UP IN COMING QUARTERS BERNANKE SAYS FED COULD ALSO EASE BY BUYING MORE SECURITIES BERNANKE SAYS `MOST OF RECENT' RISE IN INFLATION LIKELY PASSING Bernanke out with dovish comments; likely bullish for risk sentiment “small step for man”
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hisah		#996 Posted : Wednesday, July 13, 2011 8:09:50 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		Ceinz wrote: BERNANKE SAYS ECONOMY WARRANTS LOW RATES FOR `EXTENDED PERIOD' BERNANKE PREDICTS UNEMPLOYMENT WILL DECLINE `ONLY GRADUALLY' BERNANKE SAYS PACE OF RECOVERY WILL PICK UP IN COMING QUARTERS BERNANKE SAYS FED COULD ALSO EASE BY BUYING MORE SECURITIES BERNANKE SAYS `MOST OF RECENT' RISE IN INFLATION LIKELY PASSING Bernanke out with dovish comments; likely bullish for risk sentiment And the markets graciously buy The Bernank put... July 22 - Congress to decide the debt ceiling fate... Markets forget very fast, don't they... Italy, Belgium, Greece, Japan and US in that order... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah		#997 Posted : Wednesday, July 13, 2011 8:12:59 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		Ceinz wrote: hisah wrote: While Putin calls Bernanke a hooligan. While I call them banksters. http://www.dailypaul.com...gans-for-printing-money printing money by central banks is pure theft, imagine cbk printing billions and using the money to buy hard propery, ur land or something. Its like an exchange of something for nothing. They say cash in bank earns as square root of all idiots, moral of the story store ur wealth in hard form, not paper. So where does our CBK get its money from? Hard assets? They print it too thru bonds out of nothing... What is the Ksh backed with...? No currency in the world is currently backed by anything thus the term fiat currency. It is all an illusion... At least the Swiss are trying to create a gold backed Franc. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah		#998 Posted : Thursday, July 14, 2011 4:15:38 AM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		So what's happening overnight, but early morning here in asia... Well Moodys now puts US AAA rating up next for downgrade. Kisa na maana, that debt ceiling MUST be raised. If congress wont play ball, banksters will unleash the sell missile across board... That sees the US stocks & dollar tank across board. With all the action packed moves since July 5th, I've forgotten to sleep! Gold is now at all time highs Vs the dollar, euro & pound. Is gold money http://online.wsj.com/ar...CO-20110713-715131.html $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Ceinz		#999 Posted : Thursday, July 14, 2011 4:26:18 AM
Rank: Veteran Joined: 5/7/2009 Posts: 1,032 Location: Sea of Transquility		hisah wrote: With all the action packed moves since July 5th, I've forgotten to sleep! Gold is now at all time highs Vs the dollar, euro & pound. Is gold money Another nocturnal being, I told ur 'a different ilk', btw, was that Asia I heard, kwani umekuwa Jim Rogers-Singapore. Kudos on ur gold trade. “small step for man”
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hisah		#1000 Posted : Thursday, July 14, 2011 5:04:15 AM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		Ceinz wrote: hisah wrote: With all the action packed moves since July 5th, I've forgotten to sleep! Gold is now at all time highs Vs the dollar, euro & pound. Is gold money Another nocturnal being, I told ur 'a different ilk', btw, was that Asia I heard, kwani umekuwa Jim Rogers-Singapore. Kudos on ur gold trade. Malaysia... Btw the citizens were out protesting on Monday... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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