Tuesday, November 8, 2011

Jackie the Clown of Diamonds

Awarded, by Goldman Sachs, the spoils. Did with them? Nothing.

At a minimum, the clown throws a bone at the dogs.

This time? No.

In mid-evil (medieval?) times, the penalty would be...

Opportunity in Forex - EUR/USD

The opportunity of a lifetime... BUY US equities and BUY EUR/USD and BUY all USD-traded commodities. Just BUY BUY BUY NOW.

Why? Because:

1. The US and worldwide economies are performing stupendously well...
2. The Europe situation is all a joke anyway and completely unreal...
3. The EUR/USD ratio will soon be infinite.

Anybody can figure that out...

(Disclosure: Our clients may do the opposite soon.)

6% - Occupy Wall Street

What is the interest rate on an unsecured loan for 10 years from one of the big banks like Chase, BAC, Wells Fargo, etc.? Just call them.

Well, it turns out that the entire country of Italy cannot afford a 6% interest rate for the exact same thing without self-destructing.

We hope we do not find out that US banks have been lending your money to... without providing... well, you are smart folks. You get it.

EUR/USD Institution Selling Points? Getting back into the USD.

Some insti's have wisely purchased puts, but not all insti's have been wise.

Looks like 1.45 at the present time. Kind of greedy. We hope the worldwide economy does not crash because of a few greedy decimals for the big insti's.

That would clearly be unforgivable.

OIL Price in USD

Oil trades in USD.

Funny thing, the USD was kind of down today. Guess what? Oil was up!

What a... ah... a surprise!

That's OK since everyone knows high gas prices are great for any economy.

Good news...

True Italy Effects - EUR/USD - Italy Prime Minister

Once a head-of-state in the Euro Zone sides with instructions from the EU and ECB, then that person is politically dead and may as well resign no matter what.

It's kind of like "falling on your sword."

Good news though, now Italy is on the right track. Right?

Ah...

So the voting folks there are so upset that the head-of-state is now politically dead.

What was the root-cause in the first place? Unproductivity of the work force... ?

Now that the work force is 100% demotivated, common sense tells us the work force in Italy will immediately be productive - after all, standard politics says that once you have someone to blame, then all your problems go away - correct?

Or... ah...

Good thinking! The Euro will go up now and never come down - ha ha ha ha ha ha ha ha ha ha ha ha!!!!!!!!!