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Exodus commented Nov 8, 2012...and miss out on a whole evening's drinking!!
Euro Rises After Greece Votes to Pass Austerity Measures
- Exodus commented Nov 7, 2012
Not only US markets, UK and European markets also down ~2%. Daily moves there are usually less than 1%. ...and I thort Obama would be welcomed.
Stocks Skid 2%; Dow Dives 300, S&P Below 1400
- Exodus commented Nov 7, 2012
It is my experience that anyone who makes firm and definite predictions about price is usually proved wrong. Further, since gold spent almost all of yesterday below 1700 you will be fortunate if proved right.
Rehn says Greek debt burden becoming increasingly unsustainable
- Exodus commented Nov 7, 2012
I think this is pretty much true. However, apart from a possible Greek rejection of austerity terms - prolly crashing Euro severely, all bad news in the past has been good for the Euro!
Rehn says Greek debt burden becoming increasingly unsustainable
- Exodus commented Nov 7, 2012
Techno-babble for "we will lie.....
"EU Cuts 2013 Growth Forecast as Crisis Weighs on Germany
- Exodus commented Nov 7, 2012
Has started it appears, 'unlimited bond buying' must be pretty close to unlimited printing.
ECB's Draghi says conditionality of OMT program is very important
- Exodus commented Nov 7, 2012
Correct. Interest rate settings affect internal credit and savings and directly affect the prospects for inflation. Their main use is for controlling the local economy.
Is RBA printing money to weaken dollar?
- Exodus commented Nov 5, 2012
Yee-ay! About time. String 'em up!
Australian court issues landmark judgment against S&P
- Exodus commented Nov 5, 2012
...and as if by time-lapse recording... This another aspect that has not been given much exposure, what is your source of information? I think we are all aware of the street violence that has been occurring, a large number of people cannot ...
A Second Greek Man On 'The Lagarde List' Has Been Found Dead
- Exodus commented Nov 2, 2012
I think there should be two denominations of notes, a ten-dollar note and a 100-dollar note. On the 10-dollar note I would like to see Carlo Ponzi, and on the 100-dollar note I think it should be Bernie Madoff.
Who would you like to see on a bank note?
- Exodus commented Nov 1, 2012
If raising the retirement age is 'unconstitutional' there are a few other European countries in trouble. Can't see this as anything other than political cage rattling. First volume peak @ 14:00 GMT coinciding with several news releases that were ...
Greek Court: Pension Cuts, Retirement Age Hikes May Be Unconstitutional
- Exodus commented Nov 1, 2012
Where have they been looking? "The summer rally that took the single currency up from about $1.20 to as high as $1.31 petered out some time ago".
No Time for SNB to Rest on Its Laurels
- Exodus commented Nov 1, 2012
I thank you for this explanation, and for saving me the irksome task of trawling your posts for any basis of your strategy. If I could give you a vouch I would. I will take issue with you on this.... The line-drawing can be seen by examination to be ...
Downturn in UK manufacturing accelerates at start of Q4 2012
- Exodus commented Nov 1, 2012
All the recent data has been positive. GDP, employment, retail all up. Difficult to see why this should be market-changing, PMs just being cautious before Christmas.
Downturn in UK manufacturing accelerates at start of Q4 2012
- Exodus commented Nov 1, 2012
Cameron loses vote in UK parliament, politicians want a cut in UK contribution to EU funds. Opposition leader says everyone is having to make cuts and practice austerity - and so should the EU. He has a point.
Greek budget forecasts steeper recession, higher deficit
- Exodus commented Oct 31, 2012
German industrial engine goes into reverse in 2020, workforce retires and immigrant labor is unskilled with different ethos. Runaway inflation does not happen despite the ECB doing its best with stimulus, new breed of German politicians quietly ...
Greek budget forecasts steeper recession, higher deficit
- Exodus commented Oct 30, 2012
...you know what UBS means, U've Been Sacked !!
UBS bankers in London head for the pub after being turned away at office door
- Exodus commented Oct 30, 2012
NZDCAD just sitting at resistance. What effect hurricane Sandy on all of this, big chunk of NY wiped-out. Sympathies there..... Also today we have 2 significant pieces of news: Western Digital buys Hitachi disk drive business, presumably paying in ...
BoJ expands the asset purchase fund to 66 trillion Yen
- Exodus commented Oct 30, 2012
....he's talkin' Rupees
BoJ expands the asset purchase fund to 66 trillion Yen