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spekitox commented May 6, 2013Yeah Spreadbetter I read an excellent article on "rent seeking" and how it shapes the economy - more and more people earn their money by letting property, without any actual productive contribution to the economy - I'm not saying it's evil just a ...
RBS 'desperate' to lend £20bn - but no-one wants it
- spekitox commented May 6, 2013
Technically it looks like a flag pattern on the daily; that's another reason not to be short yen pairs, not for all the tea in Japan, ha-ha
May: the Month Dollar-Yen Finally Breaks 100?
- spekitox commented May 6, 2013
Lack of faith, that's exactly it. Noone wants to buy, invest or expand. Same or less staff doing the same or more work. At least peeps have jobs, eh.
RBS 'desperate' to lend £20bn - but no-one wants it
- spekitox commented May 3, 2013
In simple terms, do not short anything vs. JPY. The rest, will just give you a headache.
The Japanese Experiment
- spekitox commented May 2, 2013
Since when is a rate cut a long signal? Not even when "it's already priced in and there could be a short squeeze"
3 Reasons For Being long EUR/USD Around ECB Rate Decision - Barclays
- spekitox commented Apr 19, 2013
Big nasty moves indeed, these recent weeks. Jaysus I remember when it hit $1000 yonks ago. We've been watching it on a minute chart ... back in 2009 ... memory is as much a blessing as a curse LOL
Gold prices fall but volumes blast off setting records at the CME
- spekitox commented Apr 9, 2013
Yeah, and the Earth is flat, smoking is good for your health, and wait, I just saw Elvis Presley alive ...
Germans Are Poor and Italians Are Frugal. Huh?
- spekitox commented Apr 9, 2013
Just another reminder of the importance of having a cash stash for crisis times; good old cash, and I remember people laughing at me when I told them cash was king.
Spiegel Suspects Deposits Haircut in Greece
- spekitox commented Apr 9, 2013
Hm, inflated value of the CAD? Pride of a strong currency? It's been weakening for six months now. Nothing like the CHF uptrend. Funny how people interpret the same chart differently.
Currency speculation: A case for loonie intervention
- spekitox commented Apr 9, 2013
Premium dating, where animated LOLs cost more ... expletive expletive I can't believe some men are paying money for a expletive chatbot or a MAN to have a expletive chat with them.
The mail order bride boom
- spekitox commented Mar 31, 2013
Bills keep coming and the economy isn't picking up. So money needs to be printed to cover the expenses and keep the circus running. Coz it's just one big circus, really.
BOE 'poised’ for more QE to avert triple dip
- spekitox commented Mar 27, 2013
Is the bank half full, or is it half empty?
Cyprus readies capital controls to avert bank run
- spekitox commented Mar 26, 2013
Daylight robbery? Just sign o' the times, oh yeah ♬♬♬
EU Commission: new law could include bail-in of uninsured deposits
- spekitox commented Mar 26, 2013
Bail-in ... sounds harsh but if you think about it, it could force bank managers to take their responsibilities more seriously. Avoid bankruptcy --- or lose depositors monies and prepare for some serious asskickery. Life's cruel, eh?
EU Commission: new law could include bail-in of uninsured deposits
- spekitox commented Mar 26, 2013
Good news for the EUR!! they are not so keen on printing bailout money in "unlimited quantities", to keep the EZ together with "utmost determination" ah sorry that was the SNB's line, LOL
Senior German lawmaker now denies what was just said, saying Cyprus not template
- spekitox commented Mar 26, 2013
Eye watering. Bedroom tax on bankers homes, sounds fair?
Bank chief's wife with £5,000 a week home allowance sparks fury
- spekitox commented Mar 24, 2013
Hm jaygee interesting idea, reminds me what Morpheus told Neo - don't just think you can, know you can. Maybe the Cypriots just need to know: they could do w/o Yurop.
Euro zone finance ministers to meet on Sunday over Cyprus
- spekitox commented Mar 24, 2013
Hands off Cyprus, the sign says. I guess noone wants Cyprus, they just want their money back. You know, the money you've borrowed to finance the half day long siestas plus the western lifestyle coupled with a 3rd world work attitude. Life's cruel.
Cyprus endgame: What happens if its banks collapse?
- spekitox commented Mar 24, 2013
Sunday meeting hm ... Imagine the overtime paid for all the EZ officials. Not to mention the per diem? A weekend in Brussels, and they earn more than the average person in a month.
Euro zone finance ministers to meet on Sunday over Cyprus