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  • #528,421
  • Aug 20, 2011 12:50pm Aug 20, 2011 12:50pm
Quoting mario83
I would love to see eurusd hitting 1.4320 on Monday for my short position however we will see what sunday brings to us.

cheers
I would love to see EU hit 1.20 for my short position and 1.60 for my long position. Both at the same time if possible.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #528,422
  • Aug 20, 2011 2:06pm Aug 20, 2011 2:06pm
Quoting KillerWhale
I would love to see EU hit 1.20 for my short position and 1.60 for my long position. Both at the same time if possible.
Only World War 3 could trigger an instant 4,000 pip move on the euro.

But then, being right or wrong about the direction of the Forex market would be the least of your (our) problem
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  • #528,423
  • Aug 20, 2011 2:12pm Aug 20, 2011 2:12pm
The EU going forward is going to be very interesting. I am form Europe and I know for a fact that most people in Europe hate each other. To even consider joining the entire EU into one super state is absolute insanity. This will surely result in some kind of war or conflict.

This is the same as joining all the crime families into one. Too many wise guys in one place is gonna cause problems sooner or later.

Who knows, maybe that is the whole point????
  • #528,424
  • Aug 20, 2011 2:20pm Aug 20, 2011 2:20pm
Quoting Razorman
The EU going forward is going to be very interesting. I am form Europe and I know for a fact that most people in Europe hate each other. To even consider joining the entire EU into one super state is absolute insanity. This will surely result in some kind of war or conflict.

This is the same as joining all the crime families into one. Too many wise guys in one place is gonna cause problems sooner or later.

Who knows, maybe that is the whole point????
The Eurozone is only the first step for the One World Government, New World Order "elite" that is going to enslave us all sooner or later, on a global scale.
  • #528,425
  • Aug 20, 2011 2:39pm Aug 20, 2011 2:39pm
Quoting Mr Breakout
Only World War 3 could trigger an instant 4,000 pip move on the euro.

But then, being right or wrong about the direction of the Forex market would be the least of your (our) problem
Then it is running i think already , just the explosion still not heard.weakest first with divide & rule & done each by each theory perhaps presently , who knows the weaks may ultimately get friends to resist together . time will tell .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #528,426
  • Aug 20, 2011 2:57pm Aug 20, 2011 2:57pm
Quoting fontu
Then it is running i think already , just the explosion still not heard.weakest first with divide & rule & done each by each theory perhaps presently , who knows the weaks may ultimately get friends to resist together . time will tell .
fontu
In the long run I believe all currencies will simply cease to exist. No more paper money, no more dollar, euro, pound, yen, etc... just electronic "credits" that you can use worldwide to buy and sell stuff.

This is not science fiction, this type of digital currency already exists (even though it is still pegged to an actual currency, for now...), for example here: http://en.wikipedia.org/wiki/Bitcoin

That also means no more Forex trading

And then I guess we will all go back to trading Futures (we still need Wheat, Corn, Soybeans and Sugar after all) and stocks
  • #528,427
  • Aug 20, 2011 3:07pm Aug 20, 2011 3:07pm
Quoting Mr Breakout
In the long run I believe all currencies will simply cease to exist. No more paper money, no more dollar, euro, pound, yen, etc... just electronic "credits" that you can use worldwide to buy and sell stuff.

This is not science fiction, this type of digital currency already exists (even though it is still pegged to an actual currency, for now...), for example here: http://en.wikipedia.org/wiki/Bitcoin

That also means no more Forex trading

And then I guess we will all go back to trading Futures (we still need Wheat, Corn,...
may be but necer think so or any possible . say credit or electronic all the same currency or equivalent. people will not send maize or rice etc through internet in real to exchange for other things or even in local market to buy something . the old days of physical exchange of materials have gone permanently. yes the value adjustment should be going on , notes denomination change ok only.

and forex trading , it will be there also , otherwise how money may grow, one to loose & other to gain , static value in real notes or substance will have no growth rather reduce slowly .
fontu
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #528,428
  • Aug 20, 2011 3:18pm Aug 20, 2011 3:18pm
Quoting fontu
people will not send maize or rice etc through internet in real to exchange for other things or even in local market to buy something .
Let's say you want to buy a six-pack of Heineken. You go to the store and the vendor will simply transfer, let's say 6 "credits", from your account to his account, just like with a credit card. No more currency, no more paper money, just credits/debits transactions. Even your salary will be paid to you that way.

Conspiracy theorists suggest that these credits will be stored directly in some kind of miniature wireless computer chip that we will have to carry with us.
  • #528,429
  • Aug 20, 2011 3:20pm Aug 20, 2011 3:20pm
Currency will keep fading until the value of gold surpasses it, then currency will rise again. Equilibrium is the market. All the market tries to do is seek fair value then it gets pushed back into overvalued. This is constantly happening all the time. Right now U.S equities and currencies are overvalued, precious metals are not. The FED seem to think that artificially holding up the markets is a good thing, it is only delaying the inevitable and making the collapse that much worse. My advice, buy gold and silver and when the masses start running for it, buy equities instead. And by masses I mean anyone that isn't THAT much into investing going to look for gold and silver. That would be the queue to start investing into real estate, equities and putting all your money into it.
  • #528,430
  • Aug 20, 2011 3:25pm Aug 20, 2011 3:25pm
Quoting bman204
My advice, buy gold and silver .
Yes, but the government has the legal right to confiscate your gold and silver at any time (at least in the US), did you know that?
  • #528,431
  • Aug 20, 2011 3:28pm Aug 20, 2011 3:28pm
Quoting Mr Breakout
Yes, but the government has the legal right to confiscate your gold and silver at any time (at least in the US), did you know that?

That s in the US alone friend the land of oportunity
  • #528,432
  • Aug 20, 2011 3:32pm Aug 20, 2011 3:32pm
Quoting Mr Breakout
Yes, but the government has the legal right to confiscate your gold and silver at any time (at least in the US), did you know that?
I don't live in the U.S and if I did I'd move until shit calms down.
  • #528,433
  • Aug 20, 2011 3:33pm Aug 20, 2011 3:33pm
Quoting stormtrader
That s in the US alone friend the land of oportunity
I am not very familiar with international laws but I suspect similar gold/silver restrictions exist in other countries as well.
Try to buy 1 kilo of gold in France and see what happens for example.
  • #528,434
  • Aug 20, 2011 3:58pm Aug 20, 2011 3:58pm
LOL the hackers are gonna have a field day with that one. Can u image how many credits will be stolen LOL.

Quoting Mr Breakout
Let's say you want to buy a six-pack of Heineken. You go to the store and the vendor will simply transfer, let's say 6 "credits", from your account to his account, just like with a credit card. No more currency, no more paper money, just credits/debits transactions. Even your salary will be paid to you that way.

Conspiracy theorists suggest that these credits will be stored directly in some kind of miniature wireless computer chip that we will have to carry with us.
  • #528,435
  • Aug 20, 2011 4:00pm Aug 20, 2011 4:00pm
They can try to create their one world government but in the end it will be another failure in the long list of failures of world domination experiments.

Quoting Mr Breakout
The Eurozone is only the first step for the One World Government, New World Order "elite" that is going to enslave us all sooner or later, on a global scale.
  • #528,436
  • Aug 20, 2011 4:00pm Aug 20, 2011 4:00pm
Quoting Mr Breakout
Yes, but the government has the legal right to confiscate your gold and silver at any time (at least in the US), did you know that?
I wouldn't doubt it ...How would they know you have it if you were smart?
  • #528,437
  • Aug 20, 2011 4:02pm Aug 20, 2011 4:02pm
Actually what's happening, communities are starting to issue local currencies which tells me the trend is towards fragmentation rather than unification. And btw it's perfectly legal. I really don't believe the one size fits all theory. We've seen how well that worked for the euro. One can not have monetary union without political union. We still have some ways to go until we'll all be enslaved under one Dear Leader and that will not happen without a total planetary collapse first.

http://www.usatoday.com/money/econom...05-scrip_N.htm

Quoting Mr Breakout
In the long run I believe all currencies will simply cease to exist. No more paper money, no more dollar, euro, pound, yen, etc... just electronic "credits" that you can use worldwide to buy and sell stuff.

This is not science fiction, this type of digital currency already exists (even though it is still pegged to an actual currency, for now...), for example here: http://en.wikipedia.org/wiki/Bitcoin

That also means no more Forex trading

And then I guess we will all go back to trading Futures (we still need Wheat,...
  • #528,438
  • Aug 20, 2011 4:04pm Aug 20, 2011 4:04pm
Quoting Chillypiper
I wouldn't doubt it ...How would they know you have it if you were smart?
Same way as Sodomy is still against the law in some states...

But really?

Isn't the government the greatest perpetrator of this crime?

>>Insert Rim Shot<<
Inserted Video


(Did you see what I did there?)
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #528,439
  • Aug 20, 2011 4:07pm Aug 20, 2011 4:07pm
Quoting Magix
Same way as Sodomy is still against the law in some states...

But really?

Isn't the government the greatest perpetrator of this crime?

>>Insert Rim Shot<<

(Did you see what I did there?)
Oooo no thank you! You have to be prepaired at times like these.You know!
  • #528,440
  • Aug 20, 2011 4:12pm Aug 20, 2011 4:12pm
I would have to agree. I have been reading many articles recently that point out that trend. Local's are getting fed up with the dollar and the way things are going.

Quoting attila
Actually what's happening, communities are starting to issue local currencies which tells me the trend is towards fragmentation rather than unification. And btw it's perfectly legal. I really don't believe the one size fits all theory. We've seen how well that worked for the euro. One can not have monetary union without political union. We still have some ways to go until we'll all be enslaved under one Dear Leader and that will not happen without a total planetary collapse first.

http://www.usatoday.com/money/econom...05-scrip_N.htm...
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