Monday, October 31, 2011
News from Europe Tues.?
Probably some "good" news, but only in print. A bunch of folks still need to get some $ out of Europe and maybe even out of the US Equities Market. That can only happen with a few "upward" movements.
BAC, Chase, Goldman Sachs, MF Global, Harry's $ Store, etc.
Let's once again go on record. Who is the next to fall? A big bank?
No.
Next is another "fund" used for the same purpose as M F Global Collapse (i.e. the MFGC Fund.)
The big commercial banks don't fall until last... as in 2008.
This time, there is no bail.
No.
Next is another "fund" used for the same purpose as M F Global Collapse (i.e. the MFGC Fund.)
The big commercial banks don't fall until last... as in 2008.
This time, there is no bail.
EUR/USD Trade for Tonight
We do not expect the 50-day SMA to be broken as it has not been. We expect the 50 and 20 SMA's to match and flatten. We expect no one anywhere in Asia to make any other moves overnight.
One day soon, we would love to be wrong so life could be more interesting!
Until then, there are ways to make $ with 'flat' too.
One day soon, we would love to be wrong so life could be more interesting!
Until then, there are ways to make $ with 'flat' too.
US Institutions - Exposed by the Euro Debt Gamble - BAC and Chase Next?
Here are the "sell-a-used-car-to-a-sucker" facts about the Euro/USD:
1. The euro needs to be high enough for a few thoughtful folks to SELL FAST!
2. Last Wed. the EU politicians met and said pretty much nothing... but that could not prevent a Euro/USD collapse on Friday before the risk-on weekend.
3. So on Thur. the EU says... super, we have concluded Greese/Grease! The investors only lose 50%! Super great deal!
4. Friday, one sucker after another buys into the Euro/USD (exactly = US Equity Indices) - everything gets bought by poor suckers.
5. Monday... oops. The definition of the 50% loss sends the Big M F Global Collapse into action. A legal action... to steal money by not paying it back. Sometimes, the word never uttered in the "news" is DEFAULT.
That's how it's done at the local used car lot and that's how it's done to you by the Euro problem unless you have listened and have protected yourself. There is much more money losing to come.
Do not consider your $ safe in any bank.
1. The euro needs to be high enough for a few thoughtful folks to SELL FAST!
2. Last Wed. the EU politicians met and said pretty much nothing... but that could not prevent a Euro/USD collapse on Friday before the risk-on weekend.
3. So on Thur. the EU says... super, we have concluded Greese/Grease! The investors only lose 50%! Super great deal!
4. Friday, one sucker after another buys into the Euro/USD (exactly = US Equity Indices) - everything gets bought by poor suckers.
5. Monday... oops. The definition of the 50% loss sends the Big M F Global Collapse into action. A legal action... to steal money by not paying it back. Sometimes, the word never uttered in the "news" is DEFAULT.
That's how it's done at the local used car lot and that's how it's done to you by the Euro problem unless you have listened and have protected yourself. There is much more money losing to come.
Do not consider your $ safe in any bank.
CNBC Conspired with MF Global? Artificially Raised the Euro/USD?
A TV network working with a Euro-sludge-fund is most likely against the law.
As usual, the facts only come out once there's a bankruptcy, etc.
Someone needs to look into this. CNBC has obviously been paid to "talk stupid" and ignore facts. (Because that's all it does and no one is that oblivious by themselves. It takes a conspiracy to be that oblivious.)
This is a travesty for the US dollar, for US broadcast law, for everyone in the US. Uggg.
As usual, the facts only come out once there's a bankruptcy, etc.
Someone needs to look into this. CNBC has obviously been paid to "talk stupid" and ignore facts. (Because that's all it does and no one is that oblivious by themselves. It takes a conspiracy to be that oblivious.)
This is a travesty for the US dollar, for US broadcast law, for everyone in the US. Uggg.
MF Global - First Domino in set of US Institutions - Euro Catastrophe
Anyone who has briefly looked at this blog knows most US dollars are at risk in the Euro Zone. Here go the first ones down the toilet.
Next? Likely whoever used MF as a laundromat, B of A? Chase?
Hard to believe the same folks who destroyed the WW economy in 2008 have no hesitation to do it again in 2011 even after the tax payers saved their financial lives. And they are doing it in the exact same way... inordinate risk! First in housing, now in Europe.
A story of irresponsibility. (Or stupidity, we cannot tell which.)
Next? Likely whoever used MF as a laundromat, B of A? Chase?
Hard to believe the same folks who destroyed the WW economy in 2008 have no hesitation to do it again in 2011 even after the tax payers saved their financial lives. And they are doing it in the exact same way... inordinate risk! First in housing, now in Europe.
A story of irresponsibility. (Or stupidity, we cannot tell which.)
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