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Originally posted by GreenBicMan
Yeah..
Everyone was getting too negative before this..
Should tell you to go the opposite way..
Worked again
Originally posted by GreenBicMan
reply to post by RetinoidReceptor
Yeah, well I mean if you are long term, you dont have to be picky..
But I mean disregarding what you said, not thats its not true, but I am just saying that when everyone starts to get "negative" is when you should start to be positive (even though that is really hard to do - i.e. dow at 6800 , people jumping outta buildings etc..)
Originally posted by GreenBicMan
reply to post by RetinoidReceptor
Me too (or would be if I had the capital)
Of course, I go only by automatic trading program anyways, so I try to take ALL EMOTION OUT OF TRADING, which in these conditions I think is the best bet you can make..
Relating to this, I have talked to Roland privately, but am interested very much in anyone that knows the "in's and out's" of NGM9
Please PM me if you do, you seem to be quite knowledgeable
Evidence mounts that recession may be ending
But the economy's bounce along the bottom may be a very bumpy ride
Drop Is Biggest in 13 Years; Reading Is Lowest Since 2001
Truck tonnage decreased 13.2% in April compared with a year ago, falling to the lowest level in seven-and-a-half years, American Trucking Associations said.
The decline in the for-hire seasonally adjusted truck tonnage index was the biggest in 13 years and left tonnage at a reading of 99.2, its lowest level since November 2001.
The index fell 2.2% from March, the second consecutive month-to-month decrease, ATA said late Tuesday.
Originally posted by fromunclexcommunicate
Oil and precious metals were down today and obviously we did not have any doomsday flight from stocks to bonds despite the yield jump yesterday. Calm and confidence in the markets for now.
Originally posted by fromunclexcommunicate
Both consumer confidence and the stock market are high.
www.marketoracle.co.uk...
The Germans have demanded that gold bullion held in US custodial accounts be returned to their owners, with physical gold shipped back to Germany. The Dubai bankers have demanded that gold bullion held in London custodial accounts be returned to their owners, with physical gold shipped back to the United Arab Emirates. They are following the hired German counsel. In all likelihood, neither US nor London sources are in possession of all the gold held in those custodial accounts, since at least some of it probably was improperly leased. By that is meant without owner permission or knowledge. So an uproar could come soon with charges of gold bullion theft, or at least failure of fiduciary responsibility. Theft is a simpler description.
Originally posted by HimWhoHathAnEar
www.marketoracle.co.uk...
The Germans have demanded that gold bullion held in US custodial accounts be returned to their owners, with physical gold shipped back to Germany. The Dubai bankers have demanded that gold bullion held in London custodial accounts be returned to their owners, with physical gold shipped back to the United Arab Emirates. They are following the hired German counsel. In all likelihood, neither US nor London sources are in possession of all the gold held in those custodial accounts, since at least some of it probably was improperly leased. By that is meant without owner permission or knowledge. So an uproar could come soon with charges of gold bullion theft, or at least failure of fiduciary responsibility. Theft is a simpler description.
If there is a concerted effort to cause a default on the crimex then the dollar will be toast in relatively short order. Once the fact that the vast majority of gold in London and America is paper becomes obvious then china can issue a gold/oil? backed currency in association with Russian and Arab allies.
Since they are large producers of these commodities, their currency will have VALUE, and would be tied to REALITY. What concepts huh? A world thirsty for contractual truth would lap it up. The dollar is a dying relic.
Unfortunately, this dispute may come to blows somewhere along these lines, possibly started through a Russian/Chinese proxy like say North Korea or Iran?