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A perspective on the issues of EU constitutions (from a fund manager) http://www.sagecapital.com/Archiv/c276.pdf

Please consider my point, that a great deal of what you read in mainstream media is actually fabricated in the Ministry of Truth. To convince Americans that they've actually won the birth lottery ticket. These fabricated figures include CPI, unemployment etc. I've posted several times about...

Europe falling apart? The recent votes in France and Netherlands should be seen as critiques. Nobody is about to leave existing treaties.

No, I think the chance for a EU MONETARY UNION unwind is very small. If some of the EuroZone countries think they can do better with going back to their national currencies, I'd say sure, go ahead. About the real issues, as I wrote in the past, 80% of the constitution existed already in...

I wrote about this in a quite detailed series of articles a couple of weeks ago. In my prior message I was talking about government AND AGENCY (e.g. FNM) debt. Last few months US Treasury's demands were lower (because of the windfall tax income from fictional capital gains tax, due to asset...

Yeah, right. Please take note that in that article there was not a single reference to the fact that Asian CENTRAL BANKS (i.e. bureaucrats following orders from their political supervisor) buy 30-50% of the debt issuance in US (government and agency debt) This price-insensitive (i.e. "I...

It's simply the Asian Central Banks, who are buying dollar-denominated assets to maintain their USD-peg (mostly China nowadays, Japan and Korea in the recent past) The paper money to do this, is mostly created out of thin air (i.e. non-sterilized interventions). Also China re-routes "hot"...

Key-word: "euro-sceptical" So this guy belongs to a "nationalistic" political party. In my opinion, Italy's PM should have ask for this guys resignation asap, but I guess Berlusconi has his hands full dealing with his own problems. Basically, what (some) Eurozone politicians are asking...

This is correct. I live in Greece (I'm Greek) and indeed many basic goods have doubled in price during the last 3-4yr. This inflation partly because of the monetary inflation in the world economy, i.e. due to the trillions of fiat money created out of thin air. Actually, EU has been the...

Complained against high inflation since introduction of Euro? And to think that (until Jan-2005) had appreciated FIFTY PERCENT (50%) against USD (and Yuan and -at a lesser degree- Yen) since 2002. Which actually damped the rises in commodities (oil etc) and made all the imported stuff...

There is the #bondtrading room in IRC

Interesting comment. I wonder where you live and what your sources of information with regard the EU situation are. Economic: EU certainly is not without its problems and weaknesses. But if one is able to see the facts (not so easy with all the misinformation and brainwashing about EU and...

What you wrote is accurate. The 2nd most important factor in trading (besides luck which will always be #1) is market selection. You can't trade a market which simply doesn't move (e.g. take a look at ES during last 10 days, or between Sep-2003 and early 2004). The hot / moving markets...

Spike, if I understand you correctly... If you trade at a leverage level so high that a move of 1 ES TICK is 1.25% of your account, then let me say you must have been INCREDIBLY LUCKY to have experienced a max drawdown of 20% (i.e. SIXTEEN TICKS = 4 ES points per your info) Especially if...

Btw you have to love (monetary) inflation. US Taxpayers are paying capital gains taxes on their stockmarket profits, whereas their gains in REAL terms have been almost zero. Here is chart of SP500 in DollarIndex (basket of currencies). If I charted it in just EuroFX, or commodities it'd be...

Notice that since Nov-2004, Japan and China have stopped increasing their US bond positions (they're just buying enough to roll-over their previous positions). If we believe that the hedge funds (from tax heavens like Carribean and UK Isle of Man etc) are for real (and not some covert...

Latest TIC data <img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=752737">

From WSE:

This subject has been beaten to death. It just proves how gullible and obedient people are in our days.

Remember, Japan's "printing presses" created OUT OF THIN AIR 35 TRILLION Yen ($320 billion) during late 2003-early 2004 and bought dollars.