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    Amanda Knox: D-Day

    She is pretty hot.
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    Global Macro Trading Journal

    Dexia was down 30% today... Maybe I should consider changing banks... But it's branch is so near by here....:p
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    Global Macro Trading Journal

    It's quite humbling I would say for governments and policy makers around the world how they are all prety much defenceless against market forces. Which doesnt means they will stop trying. :p I picked up a nice Martin Armstrong quote recently on the matter: "You cannot force capital...
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    Global Macro Trading Journal

    Check how Paulson plays the gold theme. Throught the miners and man they have been bleeding like it's 1999. All that is left is to pray now. :p
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    Global Macro Trading Journal

    So Zero Hedge is screaming Dexia is about to be nationalised in hours... Unfortunatly it's not that simple. For starters it is partially owned by the French and the Belgians. Secondly several untouchable pressure groups such as the biggest union in the country have considerable...
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    Global Macro Trading Journal

    Faber in his latest newsletter is bearish about everything except the US Dollar. He is particularly bearish about emerging markets that could revisit 2009 lows... Hope he is wrong...:p
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    'Why The Euro Must Be Defended'

    I think I understand you, but still I feel the importance of being in charge of ones own printing press is overblown. If it wasnt for North sea oil the UK would have a worse deficit then Greece, having an independent currency or not. To me that says it all really. It's an element, as...
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    'Why The Euro Must Be Defended'

    Why not turn the discussion around. If there are only advantages of being in control of ones own currency why does for instance Spain not only has lower debt but also a lower deficit then the UK? Where is their edge? Is it in the banking stability then as you say? But then why did US and...
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    'Why The Euro Must Be Defended'

    The Eurozone has +300 million citizens. There will always be poverty or disfunctionality somewhere. Please spare us from US like wars on terrorism or drugs to 'cure' the PIGS.
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    Selling Gold

    Aren't there coin shops in the US? And do banks don't buy and sell gold?
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    'Why The Euro Must Be Defended'

    But for instance Greece has always been a country with troubles in a currency union or not and the same goes for other periferal Eurozone countries. Greeks, Italians, the Irish.... They have spread all over the world for decades if not centuries often escaping poverty or dictatorship at...
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    'Why The Euro Must Be Defended'

    I keep thinking if the Euro really is so much worse then the USD or Sterling. What parameters in the US or UK economy and society are so much better then the Eurozone's that warrants the notion of the Euro being inferior to the other two. I just can't find them. So yeah they can lend...
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    Global Macro Trading Journal

    Gold being illuiquid is only one side of the coin. In a way it is probably one of the most liquid assets in the world. Hong Kong, Brussels, Laos, Istanbul, San Fransisco..... Basically you can sell gold everywhere both on or under the table and the price is the same globally. On...
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    Global Macro Trading Journal

    If people would have told you keeping a vault there isnt safe 2 weeks ago you would have laughed at the suggestion probably which just goes to show nothing is certain and risk can be everywhere.
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    If the speed of light is broken, information time travel is now possible

    Maybe it's stupid but I always asked myself say I get 10 seconds in 2020 behind a computer screen. What would i search? Where the DOW is? Where gold is? Oil? The USD? And say I see where the DOW is in 2020... It's at 20K. That's awesome right. Just buy stocks today and they will all...
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    Global Macro Trading Journal

    Ralph, you have been a vocal critic of global policies over these past few months... If I may ask you if not by PM's where do you go overweight to protect/profit from the mistakes policy makers make in your view? I believe you see stocks as quite undervalued and plan to build a position in...
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    Storing cash

    You break open a wall in your house, put in your cash, replast it, overpaint it and you are good. :D
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    Global Macro Trading Journal

    Would you feel tempted buying silver at any of these levels? It's close to 50% down from its top.
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    How is Hugh Hendry doing?

    Hendry is no longer the CEO of Eclectica. He's the CIO, and his CEO has banned him from media. Read more: http://www.businessinsider.com/hugh-hendry-critical-debate-eurozone-crisis-2011#ixzz1Z0JwfoNt
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    £1.75 trillion deal to save the euro

    Make it 5 Trillion and don't buy government bonds with it but stocks...:)
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