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    Global Macro Trading Journal

    The US owns around $20b of Japanese Yen, this G7 intervention might very well turn out to become a G6, maybe even less Gs than that as this is not nearly enough to make much difference in the pair. The biggest owner of Yen is the BOJ with a balance sheet of infinite amounts, if they want a...
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    Global Macro Trading Journal

    And the japs better bring the kamikazes soon because the engineers might not be down to die trying to cool down the rods http://www.zerohedge.com/article/tepco-director-weeps-after-disclosing-truth-about-fukushima-disaster
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    Global Macro Trading Journal

    Salerno always seemed to me the most reasonable of the mises.org professors. He's main belief seems to be that deflation isn't bad because of the history the US had in the 18xx of growing output with a stable price level and some deflationary periods I believe even Milton Friedman and Bernanke...
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    Global Macro Trading Journal

    If I buy I will buy the DFJ small cap fund. Its really cheap on price book price sales ratios
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    Global Macro Trading Journal

    I will probably start to look for a good broker that offers the CMEBMF integration(If you know a good one with low commissions let me know). The BMF is not an option given that I trade through a foreign corporation and opening an account is quite complicated. I dont think I'm big enough to play...
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    Global Macro Trading Journal

    Plus Rosenberg suffers from perma bearishness like some other analysts(The guy from the boombustblog comes to mind). Its like no matter what the 'problem' is, his opinion is that its going to be worse than consensus He is on that camp on MENA, states and municipalities, Japan, GDP this year...
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    Global Macro Trading Journal

    I'm not going to pay, zero hedge will probably leak his stuff for free constantly. Plus he goes on TV(Like Hatzius) and share it all for free as well
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    Global Macro Trading Journal

    Problem is the low liquidity, large bid ask spreads which will be paid many times everytime I rollover the contract. CME is supposed to be integrated with the BMFBovespa which would give access to their products(including the brazil's USD contract) but IB refuses to let clients access to this...
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    Global Macro Trading Journal

    If this guy is correct, a nuclear meltdown could trigger the buy of a lifetime in the Nikkei as he claims the radioactivity will 'remain local, next to the plant due the heavy particles' http://www.cnbc.com/id/15840232?video=3000011355&play=1
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    Global Macro Trading Journal

    I mentioned I run other strategies, my short-term one usually buy stock declines(or panics), right now I got 19% of my networth in long US indexes and large cap equities(I dont want to mention this because this is not short-term trading journal), thats partly why I switched a bit towards...
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    Global Macro Trading Journal

    Thanks. I'm was curious on knowing Salerno's opinion on the QEs
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    Global Macro Trading Journal

    I cautioned that I was not a nuclear expert yet I see no news that show significant improvement on the plant situation, matter of fact, reuters reports they are using trucks to throw water at the rods and the supposed power connection remains a 'plan' for the next few days But if you dont think...
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    Global Macro Trading Journal

    Where can I trade that pair?Oanda doesn't have it, nor does IB. Right now I use combination of BZF(Real ETF), commodity currencies, other currencies(CHF,JPY), gold and silver and some naked USD exposure
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    Global Macro Trading Journal

    Thank you
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    Global Macro Trading Journal

    http://pragcap.com/jan-hatzius-us-housing-is-close-to-bottoming
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    Global Macro Trading Journal

    75% of it was CHF, which barely changed
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    Global Macro Trading Journal

    Does anyone know where you can watch a video of this? http://www.zerohedge.com/article/watch-ron-paul-and-jim-grant-discuss-monetary-policy-live
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    Kudos to MMs

    Where did you get '100 miles' from?
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    Global Macro Trading Journal

    I'm not a nuclear expert and find most of the jargon hard to understand and complex. I'm a big fan of simplicity So far the situation on the nuclear units have only gotten worse, the worse they get, the worse they are likely to get. At some point people will have to leave(up to this point...
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    Japan PM resigned?

    Now its not a good time to resign
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