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    General Motors

    52 week high: 40$ Today: 22$. Look at another big victim of the crash of 08. C 52 week high: 51$ Today: 27$ It's amazing how much money you can lose buying companies that people lost 100% of their money on before! Mindbogling.
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    Global Macro Trading Journal

    Nice move in the CAD versus the Euro these last days. 70% of my miners are in CAD so that's a nice extra.
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    Global Macro Trading Journal

    My grandma is in a nursing home and she is selling her old appartment to pay for it. The nursing home costs 2800 USD a month and she only has a 1400$ pension and no other income so that's quite the gap. I have been looking out for her money since my grandfather died in 2008 and in all...
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    More and more US Businesses refuse to accept cash

    Universities in my country did extensive research and they found 2/3 of all restaurants/bars would have to close the next day if they couldnt pay their staff/supliers off the books anymore. Labour costs here are at Scandinavia levels but still...
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    Global Macro Trading Journal

    How much of your liquid net worth are you planning to put in this trade, Daal?
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    Krugman:Euro could collapse in a few days time

    Nice call Paul.... Urgh...so predictable.
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    Krugman:Euro could collapse in a few days time

    Please don't analyse my one liners, Martin...:) But seriously.... The Euro sceptics are having a field day obviously these days but it's easy at this point on the curve to come out and say it was doomed all along. It's just not that simple. As if without the Euro Greece and Portugal...
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    2 Weeks payed vacation is miserable existance

    I don't think many Eurozone countries percentage of consumption stands at 70% but I don't think that is the case for the US anymore either really. I have come across some countries numbers over time but to link you to the excact numbers I can't.
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    2 Weeks payed vacation is miserable existance

    Thats something I never understood about the US economy and I already mentioned it here. How can you have an economy 70% based on consumption with only 2 weeks of holiday a year?
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    Krugman:Euro could collapse in a few days time

    Even in the Eurozone today Ireland has higher economic growth then London.
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    Krugman:Euro could collapse in a few days time

    Krugman said the Nasdaq would never drop below 5K anymore.
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    Wacko Jacko has made $310 million since he died 2 years ago.

    I wish I was dead and making that kind of money.
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    Why not print money till debts get zeroed out.

    The price doesnt needs to be driven up. They could just fix the price like they did for decades last century. Obviously I am not being entirely serious but in theory it is just as plausible as anything else. The consequences not kept into consideration.
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    Global Macro Trading Journal

    A pie... Taking the bus was 4 USD....:)
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    Why not print money till debts get zeroed out.

    They should say every golden ounce is worth 5 trillion USD. Pay of the debt with 3 ounces of gold. And no this doesnt means inflation has to go rampant. High gold prices do not equal inflation. Most main stream economists agree with that. Like Paul Krugman. Hey Ho. Let's go.
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    Italy requests aid of the Chinese cavalry

    Who isnt west German.
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    Global Macro Trading Journal

    I visited Switserland for a few days this summer. Things were so expensive like you wouldnt believe it. 25 USD for the simplest pizza with only cheese at the airport cafeteria...:p :p I felt the move sucked obviously cause I own the CFH but clearly they had to do something.
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    Global Macro Trading Journal

    Krugman goes bullish on gold and it plunges....:D
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    Global Macro Trading Journal

    So guys how about looking a bit into the future. Is the Eurozone on the brink of disintegration? Will Greece fall and be known as Lehman 2? Will Eurobonds be launched soon? Will Germany leave the Euro? What gives? I'd be interested in people's thoughts, particulary cause many...
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    Israel protests.

    Imagine a middle east revolution kicked into higher gear...in Israel...:D
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