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    Perfect example of why Al Brooks is impossible to follow

    Anyone can add a bunch of gibberish and annotate a chart, after the fact and make it sound like it was easy to see. The fact that Al Brooks is writing books and selling courses, is enough evidence for me that he can't actually trade it profitably in real time however.
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    The Confiscation Scheme Planned For U.S. And U.K. Depositors

    Oh I don't disagree. I happen to think the odds are better that it ends badly than not. I am fairly well hedged and do hold a wide range of asset classes, with plenty of inflation protection in mind. I don't hold a lot of cash in my personal bank accounts, but our business does hold a lot...
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    The Confiscation Scheme Planned For U.S. And U.K. Depositors

    Yes, the money is long gone. Fortunately for now at least, there doesn't seem to be a lot of inflation ramifications so printing seems to be working, here in the US at least. I can't see that working forever, as if it sounds too good to be true, it usually is. Maybe while we still...
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    Americans living in hotels

    This is nothing new and has gone on from the time that hotels, motels, inns etc have existed. It also occurs in other countries, so let's not pretend that this is something that Obama caused, even though I'm no fan of him.
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    Ahhhhh BUBBLE bernankes Monetary Policy NOT accommodative enough!!

    Take a look at a CPI adjusted chart of the S&P. It's brutal. The market has went almost straight up for the last four years and Bubble Ben still can't print our way to real highs, only nominal.
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    Eurozone Chief: savers will be raided to save euro in future crises

    Yep, the rookie made a huge blunder when he was honest about their intentions.
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    Rickards Goes Off the Deep End?

    There is plenty of gray area between massive inflation and institutional collapse and a Mad-Max style Armageddon. If you're holding gold and/or worried about inflation and currency collapse, it couldn't hurt to hold some physical. With that said, I am pretty much a paper gold type of guy...
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    Cyprus deal 40% haircut

    1. Don't know but there are several nice options 2. 5 years? Probably much less, but don't underestimate their ability to kick the can down the road.
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    Cyprus deal 40% haircut

    Please. You buy and sell stuff with the intention of profiting off of the market. A bank lends and invests money with the intention of profiting. Both operate within the confines of the law. How are you superior? I'm sure you believe the Fed is the root of all evil and the world was perfect...
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    Cyprus deal 40% haircut

    I'm not sure what a "real trader" is, but let's not act like a "real trader" is any different than a banker or a real estate developer, or a business owner/investor. All take positions and try to profit from them. You're the pot calling the kettle black.
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    Cyprus deal 40% haircut

    The corrupt assholes that set fiscal policy. The bankers are just doing what they do.... profit seeking. The political class is the issue. But ultimately they just answer to the voters, and the voters want free stuff which they don't want to pay for via taxes.
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    Cyprus deal 40% haircut

    You guys are blaming the wrong group of people for the economic nightmare that is unfolding.
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    Cyprus deal 40% haircut

    Foreign money flowing into the US > Printing
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    Cyprus deal 40% haircut

    This is going to end badly
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    Wow. EU steals 10% of bank deposits in exchange for bailout

    Good grief, 70% of their workforce works in the financial sector? Shame on the entire country and EU for letting them get into this mess. That is retarded.
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    Wow. EU steals 10% of bank deposits in exchange for bailout

    I agree, there are no good answers here.
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    Wow. EU steals 10% of bank deposits in exchange for bailout

    Where are you hearing this?
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    Wow. EU steals 10% of bank deposits in exchange for bailout

    This is true, but it's a nice, slow drip. Instead of rioting in the streets, people are lining up for free Obama phones and "free" health care, not having a clue that they are the ones that are paying for it regardless.
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    Wow. EU steals 10% of bank deposits in exchange for bailout

    I would say Japan has been in a regional currency war with the Chinese via the $USD. The EU has been resistant to debasement to this point.
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    Tech Analysis on ETF, does it make sense?

    ETF charts are no different than futures charts. They give a visual representation of where price has been over a given time frame. Obviously different asset classes and indices have their own individual styles, but the charts of SPY, ES, and the SPX all move identically.
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