The Chinese + Arab Trillion Dollar Hedge Fund

[makloda]

Quote from Mvic:
EEM Puts and Yen Fut Calls, both losers. Would have been about $200K worse if not for my YM and NQ hedges over the last month. Now trying it the other way. Long the EEM and QQQQ calls and shorting the YM as a hedge on a day trading basis, worked today.

Damn, talk about bad timing. Your idea was absolutely correct just a few days off. I hope you're OK and managed to get out before being hurt. Good trading.

 

[moo]

Quote from aeliodon:

I actually remember reading a conspiracy theory that went a little like this:

The money elites in the US have been diversifying their USD holdings into Euro and hard assets (Oil). Their whole plan is to have the USD destroyed by debt (war + tax cuts + printing USD ceaselessly). Then the USD crashes - which allows them to then use their Oil/Euros to buy everything on the cheap.

I'm not endorsing the above view. But I read it like 4 years ago and its strange how everything in this country is now being bought up using YUAN, Oil, and EUR now.

There's no need for a conspiracy theory here. This is exactly what the stupid American people want. When you're up to your ears in debt, inflation is a great thing.

But of course the people won't accept the blame for destroying their currency. Much easier to blame the "elite".