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The Really Useless Thread

  • #87,521
  • May 14, 2012 12:45pm May 14, 2012 12:45pm
Quoting 45Condor
...it is going to be tough ten years if he is correct. Pff, sometimes I feel the grey hairs coming druing just a session of trading - I'll probably be bald if still trading in ten years.


You got me...you bastard! Funny stuff!
  • #87,522
  • May 14, 2012 12:46pm May 14, 2012 12:46pm
Quoting kenfen69
Probably is. Just let the whole lot crumble into the same bucket of shite!

Lose the "peg" concerns. A few richer ones in with favourable conditions...in return...you pay for PIIGieS!
mate .. even now.. the small east European countries left outside EU are facing a tough trading rules and high standards.. so, they have to adopt or no trade.

There is no other solution as both Russia and US lost an interest in other countries; where only EU covers the rest of European territory.. as a territories or states.. so really

it is a matter of time..
  • #87,523
  • May 14, 2012 12:46pm May 14, 2012 12:46pm
Quoting kenfen69
Fak mate...have you EVER seen such a thing? Bearing in mind what the instrument is? It isn't exactly some dormant penny stock.

B a n a n a s!
Hong Kong Dollars back in the day when they had it locked up I think...
Look Sharp/Trade Tight
  • #87,524
  • May 14, 2012 12:46pm May 14, 2012 12:46pm
Quoting pkimnyc
coffee?
martini..
Look Sharp/Trade Tight
  • #87,525
  • May 14, 2012 12:47pm May 14, 2012 12:47pm
question guys...

If you could take 10k and either put it in forex or in an investment vehicle that makes a compounding 1.5% interest rate 7 days a week but no guarantee how long it would last... 3 years, 5 years, who knows?

what would ya'll do?
  • #87,526
  • May 14, 2012 12:48pm May 14, 2012 12:48pm
Quoting PayTheLimit
martini..
damn...
  • #87,527
  • May 14, 2012 12:48pm May 14, 2012 12:48pm
Quoting stewrigh
What planet do these ppl live on?


German Fin Min: All EU Countries Will Adopt The EUR In 10 Years



http://www.efxnews.com/story/12545/g...t-eur-10-years
it could happen

Inserted Video
those who can, do. those who cant, talk about those who can
  • #87,528
  • May 14, 2012 12:50pm May 14, 2012 12:50pm
Quoting Wulfgar
question guys...

If you could take 10k and either put it in forex or in an investment vehicle that makes a compounding 1.5% interest rate 7 days a week but no guarantee how long it would last... 3 years, 5 years, who knows?

what would ya'll do?
waiting for the aj myself. japen sells more adult diapers then baby diapers.

http://blog.japantimes.co.jp/yen-for...ng-population/
those who can, do. those who cant, talk about those who can
  • #87,529
  • May 14, 2012 12:52pm May 14, 2012 12:52pm
Quoting Wulfgar
question guys...

If you could take 10k and either put it in forex or in an investment vehicle that makes a compounding 1.5% interest rate 7 days a week but no guarantee how long it would last... 3 years, 5 years, who knows?

what would ya'll do?
how much would you expect to make out of forex?
  • #87,530
  • May 14, 2012 12:53pm May 14, 2012 12:53pm
Quoting gatorinla
it could happen

http://www.youtube.com/watch?v=PSZxmZmBfnU
bit like getting a resolution on greek talks, now to continue tomorrow 11am gmt... no news is good news at this stage, ie. talks aren't dead in the water just yet, market may see it as mildly euro positive in the short term..
  • #87,531
  • May 14, 2012 12:53pm May 14, 2012 12:53pm
junkies pink and not pink


read sokers


1:02 PM Mohamed El-Erian suggests a "smaller and less imperfect" monetary union, and calls for leaders to create an "off ramp," to allow exiting eurozone members to remain in the EU. Increasingly clear, not just in Athens, but in capitals across the continent, is a power shift from politicians to angry populations.

 

  1. 12:35 PM Three lunchtime reads:
    1) Default now or default later?
    2) Krugman: Why we regulate
    3) The expansion limps ahead Comment!
  2. FXF, FXE
    11:56 AM As cheeky traders flirt with the SNB's 1.20 floor on the euro/Swiss franc cross (driving it to CHF 1.2009), central bank chief Jordan tells an audience the franc remains "clearly overvalued." His remarks, however, fail to budge the pair. FXF -0.6%

  • #87,532
  • May 14, 2012 12:54pm May 14, 2012 12:54pm
Quoting PayTheLimit
Hong Kong Dollars back in the day when they had it locked up I think...
..
Attached Image (click to enlarge)
Click to Enlarge Name: chart.gif Size: 18 KB
Look Sharp/Trade Tight
  • #87,533
  • May 14, 2012 12:54pm May 14, 2012 12:54pm
Quoting FibbinArchie
bit like getting a resolution on greek talks, now to continue tomorrow 11am gmt... no news is good news at this stage, ie. talks aren't dead in the water just yet, market may see it as mildly euro positive in the short term..
hold on i will repost..
those who can, do. those who cant, talk about those who can
  • #87,534
  • May 14, 2012 12:55pm May 14, 2012 12:55pm
well lubed voodoo L and rule 69 in mind fuck it


german dreem in play hatchy


eye on equities
  • #87,535
  • May 14, 2012 12:55pm May 14, 2012 12:55pm
Quoting gatorinla
man you guys and the world bull shitting about greece or whatever are killing me. what part of greece can not pay their bills regardless of what happens. giving them money or not. they still cant pay their bills.. they make a large portion if gdp through tourism. if they cant pay their bills today. how will making it more expensive for tourist. (by raising the euro).. ok they ship a bunch.. many new ships were built since 2008... pushing rates down.. cheap ng in the u.s. is making it cheaper to build products in the u.s. then in Asia (the ones using...
repost
those who can, do. those who cant, talk about those who can
  • #87,536
  • May 14, 2012 12:57pm May 14, 2012 12:57pm
Quoting Piters
he is right
Yep I thought that at first but I'm not so sure.

Until they have fiscal union in EU - a single currency is never gonna work imo.
  • #87,537
  • May 14, 2012 12:59pm May 14, 2012 12:59pm
Quoting gatorinla
waiting for the aj myself. japen sells more adult diapers then baby diapers.

http://blog.japantimes.co.jp/yen-for...ng-population/
wurd
  • #87,538
  • May 14, 2012 12:59pm May 14, 2012 12:59pm

 

  1. 9:13 AM Der Spiegel lays out in some detail - likely leaked from a German finmin task force - the mechanics of Greece's exit from the euro, including police posted behind sandbags to protect the banks, which would be closed for a week while drachmas are printed and distributed. The EU would still continue to provide assistance to the country, even as its institutions face huge losses on their Greek holdings. 2 Comments
  2. FXE, EU
    8:53 AM Already down on the day, the euro tumbles further as European Commission VP Almunia says the ECB has room to maneuver. He also suggests the EU move towards "debt mutualization." The euro is buying $1.2836, it's lowest level since January. FXE -0.6% premarket.

  • #87,539
  • May 14, 2012 1:00pm May 14, 2012 1:00pm
Quoting darimik
how much would you expect to make out of forex?
who knows? possibly a lot more... but forex carries with it an inherently higher risk and degree of difficulty
  • #87,540
  • May 14, 2012 1:00pm May 14, 2012 1:00pm
Quoting darimik
how much would you expect to make out of forex?
yeah forex would probably not sustain 1.5% a day..
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