FOREX - Trends, Forecasts and Implications (Episode 5: July 2011) - page 152
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I don't work for the IRS, we're rather on different sides of the barricade.) Shaman, if I were a shaman (a real one), I would not be sitting here, instead of that shaman: "We'll fix it and it will be as good as new.
Well, not in the tax office, in another government agency, then. You see, you are all the same, you are all government officials. You want to make some money on forex. Eternal Profit to you, to you, to your students, and to your propaganda!!!
As far as I understand from sources, the dollar will make its last long-term rise (on the yen up to parity) and then collapse abruptly, becoming somewhere around the third currency in the world.
This is something out of the realm of fantasy.)
Well, not in the tax office, in another government agency, then. You see, you are all the same, you are all government officials . You want to make some money on forex. Eternal Profit to you, to you, to your students, and to the Analysis you promote!
This is something out of the realm of science fiction.)
As far as I understand from sources, the dollar will make its last long-term rise (on the eu up to parity) and then collapse sharply, becoming somewhere around the third currency in the world.
You flatter me if I was a government official (think Shaman) I wouldn't be sitting here...
The more things happen, the less interest there is in the market... Apart from the ratings theme, the Bernanke test began yesterday. I knew he was predictable in light of monetary policy, but there is a limit to everything, even pigeons need to peck at something other than their own stupid head sometimes. Absolute pigeon: (1) rates will remain EXTREMELY LOW indefinitely, and (2) there is no inflation, and if there is, it is just an appearance, you are imagining it, and even if there is, it will still not be in H2. Usually dressers, when they rise as they did yesterday, today and the third day, are nothing but inflationary expectations. Or does oil (brent) above 110 mean something else? Don't like brent, that is WTI at a hundred quid a barrel plus or minus? Huh. I'm not talking about gold, but copper? The Barclays are saying today - if copper goes through $9830 a tonne, it'll break a tenner. Well, this pigeonhole is a case of severe, pathological and fatal. If not a complete idiot, he performs the role masterfully. I don't know, maybe I'm wrong, maybe I'm prejudiced against the pigeon, but it's the blatantly cynical and brazen wording like (1) above that pisses me off. I mean he's pineapple us. Well, I have an import rule - if the establishment doesn't respect me, why on earth would I respect the establishment? I haven't respected him for a long time, and if that disrespect doesn't concern him, then I'm not interested in that either. He's not a good person. Full stop. It used to happen that on the first day of a test run (at Congressional Finance Committee), Grandpa Greenspan would say something and the market would move. The next day he would say - you misunderstood me, "misinterpreted", heh - and the market would fly back even stronger. That was a good time. And today, what's there to in-ter-pre-ti-ro-ro-??? If exclusively, if low, if for a long time, and even if uncertain. There's nothing to hang on to. One Straight Twist. Absolutely Straight Twist. Forever. Today he's in the Senate Banking Committee, with the same paper he read yesterday. But! Today will be a traditionally interesting Q&A session, and some enterprising senators, I hope, like Mr Bernanke even less than I do. I don't care if your America goes to the moon. I don't care about your America, your dollar, and your double deficits. Speaking of deficits, it's been a long time since we've had a figure over 50 yards for a month. It's all the fault of the Chinese with their Renminbi - a smart-ass like Berdanka will say. And my guess is that it's the import prices that have gone up, which is something more than inflationary expectations. No, of course there is no price inflation like in Brazil or India, let alone Russia, in America. It is still possible to buy something worthwhile in the states, if you go there, with worthless dollars outside the states. Well, I repeat - I don't give a damn about America and neither does Bernanke, I just don't like what he says or what he does. And it's not just me, as I understand it, and there are also Americans living in Singapore who dislike him even more. What to say about Moody's, after the fact? Provided it's not a bluff. Provided it is not a show-off, like we are honest again, we will not cheat investors. Provided it is not an order. Provided it is not a baton for senators to itch to raise the national debt limits. Well, bitten, as long as all the conditions are met. No, they didn't. They just barked. Yaw, yaw, yaw. Portugal and Ireland were simply torn apart by the rating dogs, not to mention Greece. Britain was barked at six months ago. The states were also barked at by S&P, in case you haven't forgotten. What can I say? Nothing. Except that the water has flowed muddy through the market. Want to buy the yen (usd-jpy) from attractive depths in such water? Heh. I'll pass. There were hysterical records tonight. Gold. Singapore Banana. Zealand Kiwi. Renminbi tangerine. What about the yen, ginger? They might as well. The eura to sell? No longer relevant to sell, it has once again jumped so high in its style that it is uncomimilable to sell. Let them all go to hell. Let's wait to see how the senators and the berdanka end up. Ah zo. Quote verbatim: the Aussie kangaroo is poised to rise above 1.08 at the Italian bond auction. Here's another event on our heads. The big turbidity factor. Italian yields against German yields are increasing daily.
Have you read the Strugatsky brothers long ago? Last work on your mind?
That's right, "We say what we say, we write what people think" - the language of the street. That's what these kinds of predictions are designed for. For the average man in the street, for grannies at the doorstep. This is not just science fiction, but popular fiction.)
As for the fall of the dollar, some smart people advise to buy when everyone is selling, and vice versa, sell when everyone is buying.)
Ahhh, Igor, sorry, sorry, mistook you for a popular wolfer on the thread. All wolves are shamans. And one of them also serves in the government.