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  1. P

    Swifttrade Interview

    let me guess... whitby?
  2. P

    Bulls are backed by Feds- who the hell backs you?

    fundamentals
  3. P

    is short USD/CNY a sure thing?

    is it?
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    Triple Top forming in EUR/USD?

    Can anyone add to this? i dont know enough about currenciesw to know if this is a valid indicator
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    Oanda running like mud

    yea was also having problems for a few minutes
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    Isn't low growth with no inflation worse than low growth with inflation?

    An inflationary depression is 100x worse than a deflationary one
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    Carbon Credit Offsets for Individuals??

    +1! Global Warming is a fucking hoax. The IPCC is a fucking joke made up of government scientists. Sure the media and government has accepted CO2 global warming theory but the scientific community can <b>easily</b> refute this theory. No, Al Gore, the debate is not over. I will do my part not...
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    wow, anyone catch that EUR/USD move?

    almost 40 pips in 1 minute...
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    $1 million Gold Bet

    The US consumer will continue to get replaced as long as their currency depreciates. When China, for instance, lets their currency appreciate at against the dollar, Chinese products will cost more for Americans and less for Chinese, and Americans will slowly be replaced as the dollar...
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    $1 million Gold Bet

    Where else they gonna sell it?... How about the rest of the world. While the US dollar continues to depreciate other consumers in the rest of the world have been and are staring to pick up our slack. Asian countries are becoming wealthier and might actually start consuming their own goods in the...
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    $1 million Gold Bet

    Of course if something is cheaper to import than produce it should be imported, which is what we currently do. However, what happens when the USA's main export (US dollars) continues to depreciate and hit all time lows against a basked of curriences and commodities? All superpower nations...
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    Guess The Gold Bottom... I'm saying 850

    Thanks for your response.
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    U.S. Dollar Growth

    Money is not debt literally, no... you got me!!! Rather than the great majority of money being created through debt, I'm going to have to go with <b>all</b> new money is created through debt ever since the release of the gold standard
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    U.S. Dollar Growth

    NO worries... you have the gist of it, sort of. The money supply is in effect governed by the Interest Rate the Fed sets. If the rate is lowered the money supply expands (more borrowing), if the rate is increased the money supply contracts (more saving). The Fed's main responsibility is...
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    U.S. Dollar Growth

    All I gotta do is become a government, convince people it's worth something, hope it doesn't depreciate too fast and there you have it, money.
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    U.S. Dollar Growth

    What more can I say? Those are the most common ways US dollars are added to the "system". Printing money is an adage that's often used to describe the expansion of the money supply. The money isn't really printed though, it's keyed up digitally into whatever bank borrows it from the Fed at...
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    U.S. Dollar Growth

    Many different ways but let me take a shot at the most recently used: - Foreign Central banks buy US Treasuries for a paltry return... thus injecting dollars into our system - Fed lends money to commercial banks (and now investment banks) through it's discount window at an interest rate...
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    Guess The Gold Bottom... I'm saying 850

    Oh, wow! head of goldman research!! that means he really knows what he's talking about!!! I also recall Goldman recommending to short gold when it was 800 at the end of '07, wonder how that bet turned out for people.
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    $1 million Gold Bet

    Production and innovation is the backbone of any healthy economy, not consumerism. The reason we are able to maintain a 70% consumer economy is because the rest of the world is still accepting US dollars in return for their goods. Great things are in our future only if our currency holds up, and...
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