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  • #328,001
  • Nov 17, 2010 10:57pm Nov 17, 2010 10:57pm
Quoting PayTheLimit
what up fool? what ya say, what ya be?
Hey PTL. Have been on the road and trading from my 13" laptop screen. ... Glad to get back to the command center, soaking up the radiation from all 36 monitors. Somebody said the IMF is cruisin' around with a trunkful of party supplies - like to get me some a that....
"If The Fool persists in his Folly he will become wise." - William Blake
  • #328,002
  • Nov 17, 2010 11:01pm Nov 17, 2010 11:01pm
Quoting The Fool
Hey PTL. Have been on the road and trading from my 13" laptop screen. ... Glad to get back to the command center, soaking up the radiation from all 36 monitors. Somebody said the IMF is cruisin' around with a trunkful of party supplies - like to get me some a that....

Holly molly, 36 monitors!

Def. soaking up some radiation then

maybe you need a holiday every other week,
  • #328,003
  • Nov 17, 2010 11:04pm Nov 17, 2010 11:04pm
Quoting Larseg
Holly molly, 36 monitors!

Def. soaking up some radiation then

maybe you need a holiday every other week,
lol the cops raided the Fool's pad the other week looking for a grow op as his electrical meter was smoking.... then they saw his trading set up .
Blogging daily now at www.volume.zone
  • #328,004
  • Nov 17, 2010 11:04pm Nov 17, 2010 11:04pm
Quoting The Fool
Hey PTL. Have been on the road and trading from my 13" laptop screen. ... Glad to get back to the command center, soaking up the radiation from all 36 monitors. Somebody said the IMF is cruisin' around with a trunkful of party supplies - like to get me some a that....
Its always good to get back to home base, good to have ya back. GL, PTL
Look Sharp/Trade Tight
  • #328,005
  • Nov 17, 2010 11:05pm Nov 17, 2010 11:05pm
Quoting digictron
42804000??????????????????.
1.4200,,,,, 1.40000 just under.. 1.3574... had another and closed it for -33
those who can, do. those who cant, talk about those who can
  • #328,006
  • Nov 17, 2010 11:06pm Nov 17, 2010 11:06pm
Quoting Mr Hatch
i don't really get which market he is referring to? the usd or the euro?
Indirectly, he is saying that Gold is then only safe haven as an alternative currency. But he thinks the US is in the worst shape of everyone and in my opinion, he is right. He looks for the USDX to eventually hit 56 somewhere down the road
  • #328,007
  • Nov 17, 2010 11:06pm Nov 17, 2010 11:06pm
Quoting malcolmb14
lol the cops raided the Fool's pad the other week looking for a grow op as his electrical meter was smoking.... then they saw his trading set up .

heheheh
  • #328,008
  • Nov 17, 2010 11:08pm Nov 17, 2010 11:08pm
Quoting Larseg
Holly molly, 36 monitors!
I am pretty sure they are having sex while I am out, which isn't very often - every time I look there are more of them. If I wake up one afternoon and they are in bed with me then I will know it is time for a serious vacation.

Anyway, has anybody seen Long Euro? I hear he's pretty long.....
"If The Fool persists in his Folly he will become wise." - William Blake
  • #328,009
  • Nov 17, 2010 11:09pm Nov 17, 2010 11:09pm
Quoting winfast
Indirectly, he is saying that Gold is then only safe haven as an alternative currency. But he thinks the US is in the worst shape of everyone and in my opinion, he is right. He looks for the USDX to eventually hit 56 somewhere down the road
ever heard of the 2008 financial crises. started when liquidity dried up? stay tuned...
those who can, do. those who cant, talk about those who can
  • #328,010
  • Nov 17, 2010 11:14pm Nov 17, 2010 11:14pm
Morning to all . I thought it will tank overnight though checked usdchf before going to bed and no any sign it down rather more up till mature. Happened eu what not expected up continue , the camel raised the head , seemingly only neck not head yet .

usdchf still to fall towards 0.9860 & so usdx to fall further from 78.79 to 78.67 around by this time & eu may up the same old long target 3613 before happen something perhaps , all mature & action possible.

lets see
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #328,011
  • Nov 17, 2010 11:15pm Nov 17, 2010 11:15pm
whoa what happened to christina aguilera?
  • #328,012
  • Nov 17, 2010 11:16pm Nov 17, 2010 11:16pm
Quoting gatorinla
ever heard of the 2008 financial crises. started when liquidity dried up? stay tuned...
Without QE from all parts of the Western World, there will be no liquidity. It's a heck of a dilemma. QE and major inflation. No QE and total collapse. There really is no in between. Our Govts (Fed State and Local) spend too much money and to shut off the spigot right now would send us into something that would make the Great Depression look like a picnic in the park.

Unless the FED monetizes the debt, there is not enough savings in the world to buy it all
  • #328,013
  • Nov 17, 2010 11:19pm Nov 17, 2010 11:19pm
Quoting winfast
Without QE from all parts of the Western World, there will be no liquidity. It's a heck of a dilemma. QE and major inflation. No QE and total collapse. There really is no in between. Our Govts (Fed State and Local) spend too much money and to shut off the spigot right now would send us into something that would make the Great Depression look like a picnic in the park.

Unless the FED monetizes the debt, there is not enough savings in the world to buy it all

yea....

http://en.wikipedia.org/wiki/Liquidity_trap
  • #328,014
  • Nov 17, 2010 11:19pm Nov 17, 2010 11:19pm
Quoting The Fool
Hey PTL. Have been on the road and trading from my 13" laptop screen. ... Glad to get back to the command center, soaking up the radiation from all 36 monitors. Somebody said the IMF is cruisin' around with a trunkful of party supplies - like to get me some a that....

Geez TF you sure you are not east coast agency for NASA......hope the ones up in the ceiling are able to be seen.
  • #328,015
  • Nov 17, 2010 11:22pm Nov 17, 2010 11:22pm
Quoting mfoste1
yea....

http://en.wikipedia.org/wiki/Liquidity_trap
The liquidity trap is even worse in this age because of the ease with which money is now able to move from place to place all over the world. In the past, the QE money would have found a home in the US and helped to stimulate. Now it just moves to markets that offer better alternatives to US investment.

It is something that Keynes could have never envisioned. They have created a hydra.
  • #328,016
  • Nov 17, 2010 11:22pm Nov 17, 2010 11:22pm
Quoting mfoste1
whoa what happened to christina aguilera?
I dunno but it ain't nothin a bailout can't fix. To bail or not to bail? Hell if it wuz me you know I'd be bailin'. Nobody ever even offered to bail me out tho. That's why I have to scalp the E/U. Lordy lordy....

http://www.irishtimes.com/newspaper/...breaking1.html
"If The Fool persists in his Folly he will become wise." - William Blake
  • #328,017
  • Nov 17, 2010 11:23pm Nov 17, 2010 11:23pm
Quoting winfast
Indirectly, he is saying that Gold is then only safe haven as an alternative currency. But he thinks the US is in the worst shape of everyone and in my opinion, he is right. He looks for the USDX to eventually hit 56 somewhere down the road
I don't get that.
If the world economy has collapsed and no money is worth anything.
Then gold can't be worth any money because money doesn't exist anymore..
Also buying virtual gold in the market with leverage doesn't work either because that gold doesn't really exist. And still people buy it. And still the price of physical gold is determined by it.
Only physical gold may become worthy if a new currency emerges out of the rubble that is based on gold again..
Only i hope we get rid of the concept of money altogether when the system colapses and people realize we are really all born equal. No need for one to have more then another.
  • #328,018
  • Nov 17, 2010 11:24pm Nov 17, 2010 11:24pm
Quoting mfoste1
whoa what happened to christina aguilera?
http://www.topnews.in/files/christina-aguilera.jpg

looks fine to me
  • #328,019
  • Nov 17, 2010 11:25pm Nov 17, 2010 11:25pm
Quoting Mr Hatch
http://www.topnews.in/files/christina-aguilera.jpg

looks fine to me
Her chest looks beattttt! Very irregular looking lol.
  • #328,020
  • Nov 17, 2010 11:26pm Nov 17, 2010 11:26pm
Quoting longshot_nl
I don't get that.

Only physical gold may become worthy if a new currency emerges out of the rubble that is based on gold again..
Only i hope we get rid of the concept of money altogether when the system colapses and people realize we are really all born equal. No need for one to have more then another.
That is his point. He thinks people are crazy to buy virtual gold. He claims the physical metal is the only viable option.
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