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Cesarnc's market talk, gossips, rumours & fun

  • #7,081
  • Mar 28, 2008 2:15am Mar 28, 2008 2:15am
wrong post... sorry
No Brain, no Gain.
  • #7,082
  • Mar 28, 2008 2:17am Mar 28, 2008 2:17am
If it was built in USA every US citizen would be saying... yes.. it's because we are still the most powerful nation.

I'm not from any of those countries... I'm from Europe... we don't have huge skyscrapers here. It's true that skyscrapers are not the best to live. But that's another reason for my theory... Why the humans need to build skyscrapers? Not to live better... Because it's a way of telling the world... hey.. Look what I can do because I'm better than you.. and have more money to build this. It has been like that historically. It's a challenge to build the tallest of the world... And humans are competitive... High end architecture is a way of "compete". Do you think Dubai needs skyscrapers !? LOL.. they have plenty of scape in the desert. There is no need of the tallest building in the world there to live. Just to say... Hey.. Look how cool and rich we are.
  • #7,083
  • Mar 28, 2008 2:29am Mar 28, 2008 2:29am
Quoting emda
If it was built in USA every US citizen would be saying... yes.. it's because we are still the most powerful nation.

I'm not from any of those countries... I'm from Europe... we don't have huge skyscrapers here. It's true that skyscrapers are not the best to live. But that's another reason for my theory... Why the humans need to build skyscrapers? Not to live better... Because it's a way of telling the world... hey.. Look what I can do because I'm better than you.. and have more money to build this. It has been like that historically. It's a challenge to build the tallest of the world... And humans are competitive... High end architecture is a way of "compete". Do you think Dubai needs skyscrapers !? LOL.. they have plenty of scape in the desert. There is no need of the tallest building in the world there to live. Just to say... Hey.. Look how cool and rich we are.
burj al arab tells you something? charging $800 in the cheapper room you think in how many years do they'll have their money back? Do you think this is investment? IMO this is laundrey money (IF this expression exist in US language)

Link: http://www.burj-al-arab.com/
No Brain, no Gain.
  • #7,084
  • Mar 28, 2008 2:31am Mar 28, 2008 2:31am
But hey... we are dealing with the CEO's of the fuc**ng world... what a nice skycraper means for they? Minor taxes, and more money IMO......
No Brain, no Gain.
  • #7,085
  • Edited 2:37am Mar 28, 2008 2:35am | Edited 2:37am
Quoting benssol
that's what I said
it's not the most democratic country but the most in this region
and about the safety of the money, believe me I invest in the Dubai & Abu Dhabi Financial markets from it's start and my money is save more than I invest in London stock exchange

and about the workers from all over Asia, if they are never paid so WHY they are going and will going every day to UAE??!!

Do you know the foreign workers are the bigger in number than all UAE citizens?? LOL

if the UAE has 6M population then only 2 of them are citizens

and believe me there is no nation near from the truly democratic rules

again it's not my country, but the truth must be said
I am speaking about the workers that do labor, menial jobs. They go there to escape poverty / feed their family's. They don't go there for scenary. who would want to leave their family to go and live in a far away land? No one. They go there due to economic hardships.

That is the reality. No offense, you have to look at the bigger picture outside your own world.

That is the problem with most people. They only see things according to their own upbringing / surroundings / society.

A wise man once said "in order to be good , you need to walk with the bad".

In order for anyone to realize the sufferings of poor / downtrodden of society, one has to keep company with them.
Humble Lifetime Member
  • #7,086
  • Mar 28, 2008 2:36am Mar 28, 2008 2:36am
"The U.S. government is facing growing pressure to lead a bailout of distressed mortgage holders because of worries that a rising tide of foreclosures could swamp the economy."

Here we go again....
  • #7,087
  • Mar 28, 2008 2:42am Mar 28, 2008 2:42am
Changing the subject, annyone is thinking that the pound might be undervaluated? Take the Infaltinon of 99 till today on us and calcute till now.... Pound iMO should be at leats at 2.005.... I'm not in the ride cause i dont understand this modafocka market, i'm trying hard to.. Opinions?
No Brain, no Gain.
  • #7,088
  • Mar 28, 2008 2:44am Mar 28, 2008 2:44am
Fundammentals doesen't matter anymore... GBP current account way to better than expected and pound goes down, and euro rally... can someone explaing to me?
No Brain, no Gain.
  • #7,089
  • Mar 28, 2008 2:47am Mar 28, 2008 2:47am
Back to the subject

As I said. Castles made of sand fall in the sea eventually. Who really thinks that a city or man made islands will survive on sand? to form the foundation they dug deep holes then inserted a big rod and vibrated it (no sexual puns intended) so the sand would "settle" then built on top of it.




I grew up on the beach and I can tell you no matter how much you shake the sand it still is not stable. Not to mention ice slabs the size of Manhattan breaking off into the sea. What happens when the ocean rises?
Bye, Bye Dubai
Just Trade It
  • #7,090
  • Mar 28, 2008 2:50am Mar 28, 2008 2:50am
Quoting Big Wave Rider
Back to the subject

As I said. Castles made of sand fall in the sea eventually. Who really thinks that a city or man made islands will survive on sand? to form the foundation they dug deep holes then inserted a big rod and vibrated it (no sexual puns intended) so the sand would "settle" then built on top of it.




I grew up on the beach and I can tell you no matter how much you shake the sand it still is not stable. Not to mention ice slabs the size of Manhattan breaking off into the sea. What happens when the ocean rises?
Bye, Bye Dubai
So you are long on tsunamy? lol
No Brain, no Gain.
  • #7,091
  • Mar 28, 2008 2:55am Mar 28, 2008 2:55am
GBP/USD: Drops to Eye 1.9930 Bids, UK Saving Ratio 48-Year Low London,
March 28. Cable has dropped to threaten touted bids at 1.9930--despite the large
shrinkage in the UK Q4 current account deficit to GBP 8.458bn, from a downwardly
revised GBP 19.063bn in Q3. A much more modest fall to GBP 18.0bn was expected.
The UK household saving ratio fell to 2.9% in 2007, its lowest level since
1959, according to Dow Jones. Annualized UK Q4 GDP was unexpectedly revised down
to 2.8%, from 2.9%. It was forecast unchanged.
  • #7,092
  • Mar 28, 2008 2:56am Mar 28, 2008 2:56am
Quoting Big Wave Rider
Back to the subject

As I said. Castles made of sand fall in the sea eventually. Who really thinks that a city or man made islands will survive on sand? to form the foundation they dug deep holes then inserted a big rod and vibrated it (no sexual puns intended) so the sand would "settle" then built on top of it.




I grew up on the beach and I can tell you no matter how much you shake the sand it still is not stable. Not to mention ice slabs the size of Manhattan breaking off into the sea. What happens when the ocean rises?
Bye, Bye Dubai
I am not against anyone, race, creed and religion. The point I was trying to make was the sufferings and injustices being committed not only by the UAE but all over the world.

Yes, you are correct, no matter how much they shake / pound / throw rocks over the seabed, it will never be stable.
Humble Lifetime Member
  • #7,093
  • Mar 28, 2008 2:57am Mar 28, 2008 2:57am
Quoting BGazzoni
So you are long on tsunamy? lol

I'm long on mother nature being a complete ruthless bitch. A beautiful bitch, but a bitch nonetheless. She has her moments when she gets upset and destroys about 100,000 humans and the land that they are on. (typical woman) and I don't think Dubai is protected from her. Even though they do. Over confidence is how you lose.
Just Trade It
  • #7,094
  • Mar 28, 2008 2:58am Mar 28, 2008 2:58am
Quoting BGazzoni
So you are long on tsunamy? lol
I'm long Swissy. They are safe as they are high up in the mountains.
Humble Lifetime Member
  • #7,095
  • Mar 28, 2008 2:59am Mar 28, 2008 2:59am
Japan builds inside the sea.... Far more liquid than the sand.. heh
  • #7,096
  • Mar 28, 2008 3:04am Mar 28, 2008 3:04am
Quoting Big Wave Rider
I'm long on mother nature being a complete ruthless bitch. A beautiful bitch, but a bitch nonetheless. She has her moments when she gets upset and destroys about 100,000 humans and the land that they are on. and I don't think Dubai is protected from her. Even though they do. Over confidence is how you lose.

I think you underestimeted the powerfull of enginner, or you just read about economys... but hey, take the barriers on Netherlans, Venezza, just to name a few... so, do you really think that people with THE money in the world are creating all the newest things and beauties of the worlds without a protections..... I reallly like your posts BWR, but in this one...
No Brain, no Gain.
  • #7,097
  • Mar 28, 2008 3:06am Mar 28, 2008 3:06am
Quoting Ash
I'm long Swissy. They are safe as they are high up in the mountains.
I was too, but now i'm out... I'm out of evereting... even gold... I really don't know what to do in this days... to me market is going mad, there's no way to make money thinking... just gambling...

I know that you're kidding, but i take the opportunity to say, becuase many people are long on CHF hehehe
No Brain, no Gain.
  • #7,098
  • Mar 28, 2008 3:12am Mar 28, 2008 3:12am
Quoting BGazzoni
Fundammentals doesen't matter anymore... GBP current account way to better than expected and pound goes down, and euro rally... can someone explaing to me?
Anyone?
No Brain, no Gain.
  • #7,099
  • Mar 28, 2008 3:14am Mar 28, 2008 3:14am
Quoting BGazzoni
I was too, but now i'm out... I'm out of evereting... even gold... I really don't know what to do in this days... to me market is going mad, there's no way to make money thinking... just gambling...

I know that you're kidding, but i take the opportunity to say, becuase many people are long on CHF hehehe
I've got my S/L tighter than a surfers neoprene suit.
Humble Lifetime Member
  • #7,100
  • Mar 28, 2008 3:16am Mar 28, 2008 3:16am
Quoting BGazzoni
Anyone?
Yes... Euro will replace the pound soon.. and UK will join the Eurozone..
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